Jan 26, 2021
Willie Delwiche, investment analyst at All Star Charts, says that the people forecasting doom and gloom and saying the market has come too far, too fast have missed the point that the current market rally is so broad and so strong -- and being propelled by economic recovery and bolstered by low interest rates -- that they're missing out on an upward move that he expects to consider. Delwiche did say he particularly likes the looks of some foreign markets, and he doesn't necessarily expect the current climb to continue unabated, but he's not worried about some short-term freefall caused by too much current optimism. Also on the show, Amy Crews Cutts discusses this week's National Association for Business Economics survey, which shows a significant increase in recovery hopes, as well as the growing divide caused by the current K-shaped recovery, Ron Lieber of The New York Times discusses his latest book -- 'The Price You Pay for College' -- and we revisit a recent Market Call interview with Bill Hench, manager of the Royce Opportunity fund.