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Podcast: Money Life with Chuck Jaffe
Episode: BNP Paribas' Dailey says small-cap rally is real and has legs
Description: Geoff Dailey, head of U.S. equities at BNP Paribas Asset Management, says in The Big Interview that he thinks "Any pullback should be bought" right now, noting that concerns over the economy, inflation, the strength of the consumer and more will add some volatility but are not likely to derail the market. Meanwhile, he notes that "small-caps in particular are poised for strong performance," noting that a huge valuation gap has emerged between those large-cap companies and the small-cap companies, probably the biggest discount we have seen going back to the financial crisis [of 2008]." He expects the market...