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Podcast: Money Life with Chuck Jaffe
Episode: Earnings wave will keep raising the tide for this market
Description: Dec Mullarkey, head of investment strategy at SLC Investments, says that the market's earnings power is enough to keep pushing it forward, overcoming obstacles like increased tariff impacts and sticky inflation and leading to an optimistic outlook for next year while acknowledging the headline risks that have investors' attention, Mullarkey said that earnings growth could extend to small caps — particularly after government deregulation efforts take hold — to broaden out and extend the current run. David Trainer, president of New Constructs says a recent rally in shares of Snap Inc. doesn't change bad fundamentals. While Trainer said the compan...