Touchstone's Thomas: Look to emerging markets for stronger profits
Money Life with Chuck Jaffe - A podcast by Chuck Jaffe
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Crit Thomas, global market strategist for Touchstone Investments, said that record profit margins for many companies here in the United States -- plus declining GDP growth -- raise questions on what kind of upside the domestic stock market has, so while he expects it to continue moving up modestly, he noted that investors seeking higher returns should look to emerging markets. Also on the show, the HighTower gang discusses a key, often-overlooked aspect of financial planning, Chuck answers a question appropriate for celebrating bitcoin Pizza Day, and Louis Navellier of the Navellier Funds talks growth investing in the Market Call.