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Podcast: Money Life with Chuck Jaffe
Episode: Rob Arnott sees 'opportunity-rich market' but not for mainstream stocks, bonds
Description: Rob Arnott, chairman and founder of Research Affiliates, says that current markets resemble the dot-com markets in the narrative that everything is about to change   due to technological advancements, but he notes that the dominant tech players from the year 2000 failed to beat the Standard & Poor's 500 index over the long-term future. He says that could happen again today with the artificial intelligence stocks, with the technology changing the world but the stocks having a less clear path forward. Arnott notes that the narratives have made the mega caps overvalued and the comparison to the dot-com era could continue with a m...