Fritz Folts, chief investment strategist at 3EDGE Asset Management said that while domestic markets look like they can continue to run, valuations are stretched, making emerging markets and gold much more appealing right now. Folts noted that he is completely avoiding Europe and Japan right now and noted that economic and market conditions going forward will depend on the skill of the Federal Reserve in avoiding trouble. Also on the show, Tom Lydon of ETFTrends.com talks financial technology with his ETF of the Week, Mark Hamrick of Bankrate.com talked about the regrets many people have over how student-loan debt affects their lives, and Mike Liss of the American Century Value fund has the Market Call.
Money Life with Chuck Jaffe