Want to create an interactive transcript for this episode?
Podcast: Money Life with Chuck Jaffe
Episode: Wealthspire's Pursche: Despite slowing market, tilt to growth stocks
Description: Oliver Pursche, senior vice president at Wealthspire, says he is tilting portfolios away from value and toward growth because investors have been willing to pay up for growth at times when there is no growth. As a result, with an economic slowdown being almost certain, Pursche is repositioning to take advantage of where the money is likely to go; he also sees opportunity in fixed-income and in the alternative income space, noting that yields have come up enough to be worth considering. Pursche notes in the Market Call, that despite the anticipated domestic slowdown, he is not turning to...