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Bastiat Capital's Meyer: We're at record highs but not at bubble levels

Bastiat Capital's Meyer: We're at record highs but not at bubble levels

Money Life with Chuck Jaffe · Money Life with Chuck Jaffe

July 18, 201958m 2s

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Show Notes

Albert Meyer of Bastiat Capital is concerned about trade and tariff wars and with the impact of interest rate cuts, but he noted that this is no time to be listening to the 'doomsayers,' suggesting that investors should not be fearful because while the market is highly priced, it's not in particularly dangerous territory. Also on the show, Karl Mills of Jurika, Mills and Kiefer expressed cautious optimism for the market moving forward, noting that nervous investors should be rebalancing and focusing on their allocations rather than looknig to make wholesale changes to a portfolio. Tom Lydon discussed a classic fund as his 'ETF of the Week,' saying investors should make it a big chunk of their portfolio, and Oliver Browne of Credit Card Insider, talked about misconceptions the average consumer has about credit scores.