WisdomTree's Weniger: Lean in, because it's a bull market

Jeff Weniger, head of equity strategy at WisdomTree Asset Management, says that the "rip-roaring rally" that started in late October on account of declining interest rates, and it slowed in January but now "Boom, suddenly you're back off to the races" with the stock market at new highs and the Standard & Poor's 500 now eyeing 5000. Weniger notes that there are plenty of concerns for the rally, and he notes that a downturn could test the classic 60-40 portfolio, where he thinks investors may be disappointed with how fixed income does its job of providing portfolio protection. Talking technicals, Lawrence McMillan of McMillan Analysis says he is staying bullish, but he is on alert for changes because the current rally feels similar to January 2018 or 2020, both years that had solid starts only to turn ugly in February and March. Plus, Ronan McMahon discusses a study from International Living Magazine showing what countries people want to move to for their retirement years and what the most popular destinations have in common, and Jay Kaplan, portfolio manager of the Royce Small Cap Value fund, talks in the Market Call about being a business-valuation investor.