Jack Ablin: The market's zigs and zags look like a straight line, mostly up

Jack Ablin of Cresset Capital Management said that the market's daily ups and downs wind up looking like a straight line when investors back away and look at them through a long lens, rather than focusing on the daily news. With that in mind, he suggested tuning out the daily headlines on China and tariff wars, focusing on big-picture factors like economic growth and anticipating a market that can keep moving in a positive direction, although he did note that he believes there are better money-making opportunities in Europe and emerging markets than in the United States right now. Also on the show, Lawrence McMillan of McMillan Analysis gave his technical take on why the market may be due for a short-term decline, Ted Rossman of CreditCards.com discussed the perks that card shoppers are going for these days, and Harvard Business School professor Victoria Ivashina discussed her new book 'Patient Capital,' covering the benefits of very long-term thinking to solve the public's greatest challenges.