Nasgovitz: Cycles end eventually, so expect tough market for leveraged companies

Will Nasgovitz, chief executive at Heartland Advisors, said that he sees trouble ahead for companies carrying a lot of corporate debt, especially as the market cycle changes. Still, he is not expecting the long wave of stock buybacks -- which added to corporate debt in many cases -- to trigger some type of massive market sell-off. Also on the show, the gang from HighTower Advisors -- Ray Baraldi, Jimmy Hausberg and Jeff Kelly -- discusses the proper use of strategically active ETFs, Josh Franzel of the Center for State and Local Government talks about employee participation in retirement plans, and Bob Auer of Auer Growth Fund has the Market Call.