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Podcast: Money Life with Chuck Jaffe
Episode: Manulife's Thooft: High valuations aren't signalling trouble ahead
Description: Nate Thooft, chief investment officer and senior portfolio manager at Manulife Investment Management, says that he's still leaning into equities despite stock valuations being stretched, noting that the fundamentals support modest gains and aren't signalling a bubble or crisis. Thooft does worry that the market may run out of momentum and may lack a catalyst for further gains by the time 2026 rolls around, but for now he says there are plenty of reasons to keep investing and not to be scared off by high prices. Mark Hamrick, senior economic analyst at Bankrate.com, discusses the site's latest r...