Veteran strategists agree on market, disagree on how to play it
On a day with two Big Interview segments with top-flight market strategists, listeners may get a sense that the stock market has gotten ahead of itself with a strong January and that the rest of the year is likely to be more frustrating, volatile and sideways. But Reed Murphy of Calamos Wealth Management suggests that investors who want to get more from the market will want to step up their international investments, while Jack Ablin of Cresset Capital Management is much less optimistic about the potential of foreign investments to deliver superior returns. Also on the show, Nicholas Shaxon discusses his book on how global finance is making us all poorer, and Christian Munafo of SP Investment Management discusses one of the market's most unusual and different closed-end funds.