PGIM's Mintz says bargain hunters should look to emerging markets
Release Date: 06/24/2025
Mariner's Krumpelman: Market will fly through 'clear-air turbulence' to 6600 this year
Money Life with Chuck Jaffe
Jeff Krumpelman, chief investment strategist at , likens current markets to "clear-air turbulence," when a plane flying through blue skies winds up being buffeted by high winds and conditions that are hard to see. Weathering that wild ride, travelers can reach their destination, and Krumpelman thinks the Standard & Poor's 500 is headed to 6,600 — the same level he was forecasting at the start of the year — with 7,000 a possible high-water mark. Krumpelman says that trusting the data showing a strong economy should make investors confident that the market will overcome headline noise...
info_outline
Fed-watcher Roberts says Powell, like high rates, isn't going away soon
Money Life with Chuck Jaffe
Doug Roberts, chief investment strategist at the — author of Follow the Fed to Investment Success — says he does not believe that President Trump will fire Federal Reserve chairman Jerome Powell, and that he also thinks Powell will continue to ignore the president's pressure to cut rates. Given recent numbers, Roberts thinks Powell and the Fed can wait longer before making any rate cuts, potentially holding off through both the July and September meetings before making a move. Meanwhile, he says that large-cap stocks will continue to be the play, with small-caps needing a rate cut to get...
info_outline
Hartford Funds' Jacobson: Amid uncertainty, foreign markets look better than the U.S.
Money Life with Chuck Jaffe
Nanette Abuhoff Jacobson, global investments strategist for the , says that uncertainty, by itself, hasn't derailed global markets and slowed growth, but that it could be starting to happen now with signs that there has been a lag time impacting tariff impacts and that core prices are starting to rise. Jacobson says that U.S. investors have become "complacent and they're pricing in a bit of a Goldilocks scenario;" she is still positive on equities, but she is underweight U.S. stocks and overweight emerging markets, Europe and Japan.Michael Gayed, portfolio manager of the new — as well as...
info_outline
Fundstrat's Newton expects the market to melt up another 5% by year's end
Money Life with Chuck Jaffe
Mark Newton, global head of technical strategy at , says he is optimistic for the rest of 2025, though he expects choppiness as the Standard & Poor's 500 moves toward a year-end target of 6,650. Newton says the economy and that the market is in a "Goldilocks state because the Fed is certainly going to cut three times between now and next summer, earnings are coming in good and yet there's still a wall of worry," making for "a very favorable path for investing in the second half of this year." Economist and New York University professor says that the economy is entering "literally...
info_outline
Housing economist makes case for cutting a home out of the American Dream
Money Life with Chuck Jaffe
Brad Case, chief economist at , says that while Americans have been complaining about the housing market and available home stock, the market is not far off from historic norms. That said, he also discussed some recent research he did showing that Americans would be better off renting a home — and investing the savings they get on various aspects of ownership — than they are by tying up the biggest chunk of their monies in a home, which he considers to be an asset that puts up comparatively small gains over long periods of time. David Trainer, president of , comes through with an...
info_outline
ViewRight's Randazzo: Market signals 'point to strength' that can roll on long-term
Money Life with Chuck Jaffe
Vincent Randazzo, founder and chief market strategist at , says that while the stock market appears overbought in the short-term — and may need some time to get through it — the longer-term indicators are bullish, and suggest that the rally that has been in place for three years now can continue. Randazzo says that indicators are showing that the market appears to be broadening out, and that improving market participation and improving investor confidence should help power the market through headline risks. In The NAVigator, John Cole Scott, president of — chairman of the — says he...
info_outline
Looking at the future of the energy sector, bitcoin mining, 'Trump accounts' and more
Money Life with Chuck Jaffe
It's a wide-ranging show today, with Ben Cook, portfolio manager for the , giving his latest take on the energy sector, noting that the industry is well-positioned to at least not be hurt while tariff policies play out, even as the U.S. has become the world's largest oil-producing nation and the OPEC nations are looking to improve their fortunes. Todd Rosenbluth, head of research at , revisits the CoinShares Valkyrie Bitcoin Miners ETF — which he featured as ETF of the Week at the beginning of March and which gained 78 percent during the second quarter of 2025 — noting that miners and spot...
info_outline
KraneShares' Ahern on the impact of a 'likely' U.S.-China trade deal
Money Life with Chuck Jaffe
Brendan Ahern, chief investment officer at and the author of the , says that the government of China is "doing the things that Trump wants them to be doing" for domestic policy purposes, which is why he sees the signs of a U.S.-China trade deal in the works. He says in The Big Interview that neither side can win in a trade war, but that both sides can move forward sharply and strongly with agreement, even if tariff levels remain high and in place indefinitely. Ahern says that "the worst is behind us" on dollar weakness, noting that he doesn't expect the Federal Reserve to cut rates until...
info_outline
Sage's Williams: Worst case is off the table, but the market has potholes ahead
Money Life with Chuck Jaffe
Rob Williams, chief investment strategist at , says the economy and market have moved off of potential worst-case scenarios into "this manageable camp," where it must get through potholes and uncertainty as the economy "flirts with stall speed" in growth. Still, Williams sees some powerful tailwinds that could drive the market higher in the second half of the year, but the concerns make it that investors should remember that "yield is your friend." "Be fully invested in equities," Williams says, "but don't be stealing from fixed income yet to overload on the equity side. You will want that...
info_outline
Ritholtz's Maggiulli on the problem with fast recoveries, diversification and more
Money Life with Chuck Jaffe
Nick Maggiulli, chief operating officer at — the author of the "" blog — says that while recoveries can happen faster now than in the past due to advances in technology and information, investors who always expect the market to bounce back quickly from any setback have learned the wrong lesson. While he is not calling for a protracted downturn, he is suggesting investors want to protect themselves; to that end, he discusses how proper diversification practically forces individuals to buy and hold something that will lose money, even when everything else is doing well. That makes it hard...
info_outlineStacie Mintz, head of quantitative equity for PGIM Quantitative Solutions, says that equity valuations in emerging markets are at their most attractive level relative to U.S. stocks in decades. That's not a surprise, as emerging markets have underperformed domestic markets for the last 13 years, but Mintz says the time has come for diversification to pay off. While the headline risks of tariffs, trade wars and geopolitics loom large,she said current values are compelling enough that investors should be comfortable waiting for a payoff when the news cycle calms down. Jasmine Escalera discusses a survey done by LiveCareer which showed that "ghost job postings" — listings for phantom jobs that don't exist — have become a staple of the hiring process for nearly half of all American human-resources pros. Plus Richard Howe, editor of the Stock Spin-off Investing newsletter, returns to the Market Call, talking about what can make spin-offs attractive, compares the roll-out of subsidiaries to the initial public offering process and discusses howlong spin-off effects linger.