Vantagepoint's Wicker: Better profit margins, GDP will push stocks higher

Money Life with Chuck Jaffe

Wayne Wicker, chief investment officer for Vantagepoint Investment Advisors and ICMA Retirement Corp., says that despite concerns about inflation and interest rates creeping up that have dampened market enthusiasm, he expects that 'the combined effects of better GDP and better margins are going to be good for equities over the next 12 months.' He discusses the sectors and areas that he expects to lead the way higher and those he wants to avoid in The Big Interview. Also on the show, Chuck discusses his feelings about cost-to-yield on dividend-paying stocks, Ted Rossman talk about a Bankrate.com study on how much investors saved from remote work during the pandemic and how much they could suffer financially from the return to normal, and Gary Bradshaw, co-manager of Hodges Blue Chip Equity Income, covers stocks that he believes will be consistent performers in the Market Call.