Fundstrat's Newton expects the market to melt up another 5% by year's end
Mark Newton, global head of technical strategy at Fundstrat Global Advisors, says he is optimistic for the rest of 2025, though he expects choppiness as the Standard & Poor's 500 moves toward a year-end target of 6,650. Newton says the economy has been resilient through the headline risks and that the market is in a "Goldilocks state because the Fed is certainly going to cut three times between now and next summer, earnings are coming in good and yet there's still a wall of worry," making for "a very favorable path for investing in the second half of this year." Economist and New York University professor Howard Yaruss says that the economy is entering "literally uncharted territory" when it comes to tariffs, with free international trade being upended by current government policies. Yaruss is worried that the economic impacts of tariffs haven't truly hit yet, but he says the lag is about to end and that means the numbers will start to get ugly and could push the U.S. economy into recession and/or stagflation. In the Market Call, Hank Smith, head of investment strategy at The Haverford Trust Co., talks about investing in companies with growing dividends, noting that the growth of the payout is more important to him than a simple high yield number.
-------- Â
57:56
--------
57:56
Housing economist makes case for cutting a home out of the American Dream
Brad Case, chief economist at Middleburg Communities, says that while Americans have been complaining about the housing market and available home stock, the market is not far off from historic norms. That said, he also discussed some recent research he did showing that Americans would be better off renting a home — and investing the savings they get on various aspects of ownership — than they are by tying up the biggest chunk of their monies in a home, which he considers to be an asset that puts up comparatively small gains over long periods of time. David Trainer, president of New Constructs, comes through with an attractive stock selection, picking Halliburton as a company that is likely to benefit from beating earnings soon. The pick follows up on the Danger Zone segment from last week, when Trainer singled out Caesars Entertainment as a stock likely to miss projected earnings and to be punished by the market as a result. Charles Rotblut, vice president for the American Association of Individual Investors, says investors have moved from being highly pessimistic when tariffs were first announced and the market was tanking in April into more of an equilibrium. With the market reaching near record levels, Rotblut says it is a good sign that optimism hasn't completely surged; that said, he noted that investor sentiment is rising, and discussed how AAII is now using sentiment as more of determinant on trading when it moves in ways that might signal a potential market reversal.Â
-------- Â
59:11
--------
59:11
ViewRight's Randazzo: Market signals 'point to strength' that can roll on long-term
Vincent Randazzo, founder and chief market strategist at ViewRight Advisors, says that while the stock market appears overbought in the short-term — and may need some time to get through it — the longer-term indicators are bullish, and suggest that the rally that has been in place for three years now can continue. Randazzo says that indicators are showing that the market appears to be broadening out, and that improving market participation and improving investor confidence should help power the market through headline risks. In The NAVigator, John Cole Scott, president of CEF Advisors — chairman of the Active Investment Company Alliance — says he expects three first-half laggards in municipal bonds, senior loans and master limited partnerships to become leaders for the rest of 2025, and suggests attractive options for riding those trends. In the Market Call, Garvin Jabusch, co-founder and chief investment officer at Green Alpha Advisors discusses his efforts to find companies that are truly innovative and driving long-term change rather than riding the coattails of a hot industry or sector.
-------- Â
1:00:03
--------
1:00:03
Looking at the future of the energy sector, bitcoin mining, 'Trump accounts' and more
It's a wide-ranging show today, with Ben Cook, portfolio manager for the Hennessy Energy Transition and Hennessy Mid-Stream funds, giving his latest take on the energy sector, noting that the industry is well-positioned to at least not be hurt while tariff policies play out, even as the U.S. has become the world's largest oil-producing nation and the OPEC nations are looking to improve their fortunes. Todd Rosenbluth, head of research at VettaFi, revisits the CoinShares Valkyrie Bitcoin Miners ETF — which he featured as ETF of the Week at the beginning of March and which gained 78 percent during the second quarter of 2025 — noting that miners and spot crypto funds serve different purposes in a portfolio, but that both are poised for more growth now. Melissa Stephenson discusses her research for Sudokubliss.com that looked at the theme parks that provide good value for your money while keeping lines short enough that complaints are few, and Chuck does a deep dive on the so-called "Trump accounts" that were created within the budget bill that was signed into law last week. These accounts give $1,000 to every baby born in the country to U.S. citizens between 2025 through 2028 — including the grandchild Chuck's daughter is expecting in August — and he talks about the benefits of the program (beyond the cash infusion) and compares it to other savings vehicles.
-------- Â
1:01:59
--------
1:01:59
KraneShares' Ahern on the impact of a 'likely' U.S.-China trade deal
Brendan Ahern, chief investment officer at KraneShares and the author of the China Last Night blog, says that the government of China is "doing the things that Trump wants them to be doing" for domestic policy purposes, which is why he sees the signs of a U.S.-China trade deal in the works. He says in The Big Interview that neither side can win in a trade war, but that both sides can move forward sharply and strongly with agreement, even if tariff levels remain high and in place indefinitely. Ahern says that "the worst is behind us" on dollar weakness, noting that he doesn't expect the Federal Reserve to cut rates until later in the year, allowing the dollar to stabilize in the interim while tariff policies are being finalized. Bob Powell, retirement columnist at TheStreet.com discusses government projections showing that standard monthly premiums for Medicare Part B will rise by more than 11 percent in 2026, and will likely be subjected to higher-than-expected increases potentially for the next decade. Plus, Allison Hadley, an analyst at Digital Third Coast, discusses research on how Americans are using Google in AI mode and how it is changing their search results, how they shop, find advice, access news and more.
Money Life with Chuck Jaffe is leading the way in business and financial radio. The Money Life Podcast is a daily personal finance talk show, Monday through Friday sorting through the financial clutter every day to bring you the information you need to lead the MoneyLife.
South Africa