Cash is 'the only asset class' that can generate any kind positive return now

David Goerz, chief executive officer at Strategic Frontier Management, says that some well-known blue-chip companies are trading at single-digit price-earnings ratios lower than in the last two decades, creating opportunities for investors, but we are in an environment where investors could sell stocks and buy bonds expecting a better return, and the only asset class that he thinks can generate a positive return is cash. Goerz defends holding more cash right now despite an inflation rate that ultimately gives cash investments a negative real return, noting that losing a little ground to inflation is still a better outcome than losing a lot of ground in stocks and bonds. Also on the show, Matt Schulz, chief credit analyst at LendingTree, discusses a survey showing that nearly everyone across the country is planning to celebrate Halloween and plans to spend more money doing it, Kyle Guske of New Constructs puts a stock in The Danger Zone that he says was not rescued by a white knight recently but was instead pushed to the brink, and Manny Weintraub of Spears Abacus talks about finding compounders and other "super great stocks that are not going to kill you."