Strategic Frontier's Goerz: Small caps and value will soon come to the fore

David Goerz, chief investment officer at Strategic Frontier Management says that while the current momentum is with large-cap growth stocks, he expects small-cap stocks and the value style of investing to be the right call for longer-term investors, noting that he would be gravitating his asset allocation towards sectors filled with value-oriented issues -- like financials, industrials and real estate -- while avoiding areas like consumer staples and health care. Jay Kaplan, manager of the Royce Small Cap Value and Royce Total Return funds echoed many of those sentiments in the Market Call; both money managers disliked the energy sector. Also on the show, Jeffrey Bierman, chief market technician at TheoTrade.com, says that while the market has been rising, thin volume suggests that the current rally is not well supported and could turn on a dime, while Meredith Stoddard, vice president of life event planning at Fidelity Investments discusses the firm's 'Moving Forward' survey released today, looking at how investors attitudes about their financial futures have been changed by the coronavirus pandemic.