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Franklin Templeton's Dover sees modest market gains ahead

Author
Money Life with Chuck Jaffe
Published
Tue 31 Aug 2021
Episode Link
https://moneylifeshow.libsyn.com/franklin-templetons-dover-sees-modest-market-gains-ahead

Steven Dover, chief market strategist at Franklin Templeton, and the head of the Franklin Templeton Investment Institute, says that the current math makes it hard for the market to double again the way it has in the last year, so he is expecting it to take another eight or nine years to see the next market double. That means investors should expect single-digit gains, which Dover thinks is reasonable given current market conditions, uncertainty over inflation, Covid-19, interest rates and more. Also on the show, Michele Schneider of MarketGauge.com talks technical analysis as the market keeps flirting with record highs, Martin Leclerc, chief investment officer at Barrack Yard Advisors, talks stock in the Market Call, and Chuck discusses -- and plays excerpts from -- his most recent telephone run-in with the law.

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