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PineBridge's Schomer: Market fundamentals don't matter right now

Author
Money Life with Chuck Jaffe
Published
Tue 11 Feb 2020
Episode Link
https://moneylifeshow.libsyn.com/pinebridges-schomer-market-fundamentals-dont-matter-right-now

Markus Schomer, chief economist at PineBridge Investments, says he is pricing two rate cuts from the Federal Reserve into his forecasts, and note that so long as investors believe the Fed will come to their rescue and cut rates to pump up the economy, the market will keep going higher. Also on the show, Jeff Bishop of RagingBull.com says that market conditions make this a great time to be trading on dips, Ted Rossman of CreditCards.com discusses financial infidelity, and Jeff Mills of Bryn Mawr Trust talks growth stocks and asset-allocation strategies in the Market Call.

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