Argent's Stringfellow: This 'Whac-A-Mole' market is 'the new normal'
Tom Stringfellow, chief investment strategist at Argent Trust, said on Money Life last May that the market was having "Maalox moments," but the worries and concerns now make it a "Whac-a-Mole market." Despite that, he says the current conditions represent a return to normalcy, a new standard in which valuations may be permanently higher and stock prices keep rising so long as there is growth. As a result, his investment outlook is heavily centered on domestic stocks, which he thinks can deliver double-digit gains in 2025 for the third consecutive year. For his "ETF of the Week," Todd Rosenbluth, head of research at VettaFi, delves into the private credit market, something a growing number of investment analysts have been pushing but which few funds actually tackle. In the Market Call, Elliott Gue, editor of the Energy & Income Advisor, talks about income plays worth making now.