How worried are you about the stock market? Is the near tripling of stock prices since the 2009 market bottom a cause for concern? This week’s WEALTHTRACK guest has some different and positive perspectives on the market. Jason Trennert is Managing Partner and Chief Investment Strategist of Strategas Research Partners, an independent investment strategy and macroeconomic research firm. Trennert is widely followed by institutional investors in the money management and hedge fund world, and is identified as one of “Wall Street’s Best Minds” by Barron’s. One of his most widely quoted themes is known as TINA – “There Is No Alternative” – meaning “there is no alternative to stocks right now”. We’ll ask him to explain.
TRENNERT: THERE IS NO ALTERNATIVE
William Wilby & Nicholas Sargen: Global Dangers
WILBY & SARGEN: GLOBAL DANGERS
How vulnerable are the markets? Despite rising geopolitical conflicts and uncertainty surrounding the Federal Reserve’s exit plan from its unprecedented monetary expansion, U.S. stock and bond markets are trading near record highs. Two veteran global investors, private investor William Wilby, formerly of number one ranked Oppenheimer Global Fund and Fort Washington Investment Advisors’ Chief Economist and Senior Investment Advisor Nicholas Sargen share their perspective and strategies.
LESS WORK AND MORE PLAY, SOME BOOKS TO READ ON YOUR SUMMER VACATION.
Lords of Finance: The Bankers Who Broke the World by Liaquat Ahamed Business Adventures by John Brooks Watch the related WEALTHTRACK episode.
Bob Doll – Market Oracle
TAKE SOME PROFITS IN YOUR TOP PERFORMERS OF THE LAST FIVE YEARS
Sell a percentage of funds or stocks that have delivered biggest gains Reinvest in lagging sectors or funds, or keep in cash Watch the related WEALTHTRACK episode.