Absolute value manager Frank says the market is still too expensive
Absolute value manager Frank says the market is still too expensive

Absolute value manager Frank says the market is still too expensive

skiibii mayana

58 min
Business & Finance
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<p>Brian Frank, manager of the Frank Value Fund -- who will stay in cash when he can't find stocks cheap enough to meet his metrics for good value -- says that the market's decline in early 2022 put a lot more stocks onto his radar as prospective buys, but he says the market remains expensive as a whole. In The Big Interview, Stan Majcher, portfolio manager at Hotchkis and Wiley Capital Management, says that the energy market -- the one sector of the market that was up during the first half of the year -- remains attractive after its recent run up and despite market pressures created by war in Ukraine and global supply-chain issues. He believes oil remains significantly underpriced, giving strong potential for the sector to keep rolling for the foreseeable future despite the likelihood of a global recession. Also on the show, Sarah Foster discusses a recent Bankrate.com survey showing that consumers who are influenced into purchases by social media have a high -- and increasing -- level of regrets over their spending decisions.</p>

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