2017 saw a spike in investor confidence and complacency, as volatility fell significantly and appetite for risk fueled many stocks higher. Chad Morganlander, Portfolio Manager at Washington Crossing Advisors, was with us to discuss whether he expects more of the same for the year ahead.
Morganlander says we are at point in the market cycle where global growth is predictable in the short-term. His firm is somewhat optimistic, but aware that valuations are becoming quite stretched, he adds. Morganlander believes markets are entering a period of low growth for next several years, predicting a 4% to 6% return in U.S. equities.
One of Morganlander's top picks for the year is Hershey’s. He suggests investors stick with "big and boring" companies. With Hershey's, investors can go to sleep for 3-5 years and wake up with tremendous returns, according to Morganlander. Hershey's has also entered a bid for Nestle's U.S. confectionary business, which includes brands such as Butterfunger and Baby Ruth. The potential acquisition is not baked in to Washington Crossing Advisor's outlook. He also recommends shares of Hormel Foods and Dr Pepper Snapple.
Johann Kerbrat, VP and General Manager at Robinhood joins Cheddar to discuss Bitcoin's recent rise and how the company got into election betting. Watch!
Guy Diedrich, SVP and Global Innovation Officer at Cisco joined Cheddar to discuss how our digital diets impact our well being & an upcoming study to prove it!
With the election behind us, many are wondering what the next four years look like for the US economy. Drew Pettit, from Citi Group joins Cheddar to discuss.
Jeff Ostrowski, Mortgage & Housing Analyst at Bankrate, discusses mortgage rates in America and how the housing market will change under a second Trump term.
The NAACP has entered the VC space with a new fund that will invest in startups and fund managers that are focused on closing gaps facing communities of color.
Can a layoff lead to your next big thing? Issie Lapowsky, contributor for Inc. Magazine and Alphonzo Terrell, co-founder and CEO of Spill join us to discuss.
