Money Life With Chuck Jaffe Daily Podcast

Marty Fridson: Investors should stop worrying about election results

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Sinopse

Marty Fridson, chief investment officer at Lehmann Livian Fridson Advisors, says that while politics dominates the news, it shouldn't be creeping into investors' portfolio moves, as available research shows that market results have proven to be better by riding the market regardless of the party that holds the White House than by trying to strategize around the results of a vote. Fridson also discusses how the current rally in artificial intelligence is reminiscent of the Internet Bubble Days, in that a lot of companies are now benefitting from the market's perception that all AI is good, but that it will soon figure out that many companies getting a boost from the trend aren't the true beneficiaries from it.    Ming Jong Tey, principal trainer at Trade Precise, says the market is at an inflection point, moving away from the Standard & Poor's 500 and the Nasdaq 100 into the small-cap space, and he sees the Russell 2000 currently on a run that shoul;d push it to where it soon challenges previous record hi