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Mark Newton: Technicals show market woes are 'not over by a long shot'

Author
Money Life with Chuck Jaffe
Published
Tue 23 Jun 2020
Episode Link
https://moneylifeshow.libsyn.com/mark-newton-technicals-show-market-woes-are-not-over-by-a-long-shot

Mark Newton of Newton Advisors says that while markets are poised to move higher into July, they face a challenging path to continue rising as the economy reopens. Newton favors health care stocks and commodities, but dislikes financials. Also on the show, Alessandro Valentini of Causeway Capital Management discusses what it will take for value investing to finally deliver superior results to growth stocks. Warning, he said it could take a long time, noting that low interest rates make it more difficult for value to get any traction. Greg McBride of Bankrate.com discusses the financial regrets many people have about their financial preparedness for the global pandemic, and Tom Plumb of the Plumb Funds talks stock in the Market Call.

 

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