Fritz Folts, chief investment strategist at 3EDGE Asset Management said that while domestic markets look like they can continue to run, valuations are stretched, making emerging markets and gold much more appealing right now. Folts noted that he is completely avoiding Europe and Japan right now and noted that economic and market conditions going forward will depend on the skill of the Federal Reserve in avoiding trouble. Also on the show, Tom Lydon of talks financial technology with his ETF of the Week, Mark Hamrick of talked about the regrets many people have over how student-loan debt affects their lives, and Mike Liss of the American Century Value fund has the Market Call.


DISCLOSURES: The opinions expressed in this interview are those of DeFred G Folts III of 3EDGE Asset Management (“3EDGE”) and are subject to change without notice.  Mr. Folts’ opinions are not intended to provide personal investment advice and do not take into account the investment objectives and financial situation of the listener. Investors should only seek investment advice from their individual financial adviser. Mr. Folts’ observations include information from sources 3EDGE believes to be reliable, but the accuracy of such information cannot be guaranteed. Investments in securities, including common stocks, fixed income, commodities and ETFs involve the risk of loss that investors should be prepared to bear.  Past performance may not be indicative of future results.