Money Life With Chuck Jaffe Daily Podcast

ICON's Callahan says there are still bargains galore

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Synopsis

Craig Callahan, founder of the ICON Funds -- who said just before the stock market bottomed out in late March that it was the best bargain pricing he had ever seen -- says that the market's rise back to record-high levels has dampened the shopping spree somewhat, but that plenty of values remain. He breaks companies into three groups now, those unaffected by the recession and pandemic, those hurt by the recession by likely to recover soon, and those that are significantly impaired, noting that market leaders aren't overpriced yet. Also on the show, Joel Schiffman of Schroders discusses just how wild investor expectations are now that the market has rebounded, Jack Towarnick of the American Research Association covers the changing ways that consumers are using health-savings accounts, and Jamie Cuellar of Buffalo Small-Cap Fund makes his debut in the Market Call.