Andrew Foster of Seafarer Capital Partners said that trade and tariff wars have not stopped growth in emerging markets, but they have exacerbated a slowing trend, particularly in China, that will make developing and emerging markets harder to profit from in the near future. Foster noted that valuations in emerging markets are reasonable, but without growth to help drive the market, investors should expect muted returns from emerging markets for the long-term future. Also on the show, Greg McBride of Bankrate.com talks about how many workers are not increasing their set asides to retirement plans, Sam McBride of NewConstructs.com -- no relation -- discusses a stock that is headed for trouble and Greg Woodard of Manning and Napier covers stocks in the Market Call.
Money Life with Chuck Jaffe