Money Life With Chuck Jaffe Daily Podcast

Geoff Dailey, head of U.S. equities at BNP Paribas Asset Management, says in The Big Interview that he thinks "Any pullback should be bought" right now, noting that concerns over the economy, inflation, the strength of the consumer and more will add some volatility but are not likely to derail the market. Meanwhile, he notes that "small-caps in particular are poised for strong performance," noting that a huge valuation gap has emerged between those large-cap companies and the small-cap companies, probably the biggest discount we have seen going back to the financial crisis [of 2008]." He expects the market to broaden out and for small companies to benefit, though he also noted that he prefers large-cap U.S. multi-nationals to going after international investments, noting the market conditions are strong enough to keep domestic stocks ahead of foreign counterparts. Also on the show, behavioral finance expert Meir Statman discusses the emotional issues that have investors ignoring strong economic numbers to see