Aug 31, 2022
Alan Gayle, president at Via Nova Investment Management, says that while he is optimistic that Europe and other global markets will see a strong recovery in the future, until that happens -- likely sometime next year -- he prefers to be invested in the United States, despite the struggles of markets here. In a wide-ranging Big Interview, Gayle calls the current environment "exceptionally complicated," noting that recessionary forces are held at bay by a strong job market and flush consumers, and he expects those forces to make it so that a downturn or decline won't turn into "a full-blown recession." Also on the show, Ira Rothberg, portfolio manager of the Hennessy Focus Fund, discusses the benefits and challenges of concentrating portfolio decisions in volatile market conditions, Craig Lazzara of S&P Dow Jones Indices discusses Tuesday's release of the latest S&P CoreLogic Case-Shiller Indices and how it shows that home prices nationally remain way up from last year even as they have started to pull back from recent peaks, and Catherine Collinson discusses the latest research from the Transamerica Center for Retirement Studies, showing how employers have changed their offerings coming out of the pandemic.