Of Cryptocurrencies and FAANG Stocks
Dodge Dorland, Chief Investment Officer, Landor & Fuest Capital Managers, New York
The S&P 500 Index sailed past 2,600 for the first time overnight. Is the US markets at the top already? Dodge shares his views on this.
He also talks about the impact on policy making moving forward following news that the Federal Reserve Chairwoman Janet Yellen submitted her resignation Monday as a Member of the Board of Governors of the Federal Reserve System.
We also chatted about cryptocurrencies - that has seen its value up more than 700% this year. The topic of FAANG stocks — Facebook, Amazon.com, Apple, Netflix and Google parent Alphabet Inc. — also came up as they have risen as much as 73% this year.
Does Dodge think their valuations have gone up too high? Tune in to hear his input.
Presented by: Joyce Goh
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