Neil Hennessy, chairman and chief executive officer at Hennessy Advisors and the Hennessy Funds, is optimistic about the stock market for 2021, and says that the Dow will overcome significant volatility to reach 35,000 -- roughly a 15 percent gain from current record levels --but he notes that it will also be a good year for value stocks and mid- and small-cap names and not just for big brand-name companies. Also on the show, Shane Bartling of Willis Towers Watson discusses the firm's 2020 Global Benefits Attitude Survey which showed that one in four full-time U.S. employees have seen their financial situation deteriorate this year, even though they were the lucky ones to hang onto their jobs amid the pandemic. Also, Barry James, portfolio manager for the James Advantage Funds, talks stocks in the Market Call.
Money Life with Chuck Jaffe