Jack Ablin, CIO of Cresset Wealth Advisors, appeared on CNBC’s “Power Lunch” on November 12, 2018 to discuss the outlook for value stocks in light of recent market gyrations. He indicated that many value stocks also carry a lot of debt, and in the current environment of interest rate normalization this is a potential negative. However, Jack pointed out that Berkshire Hathaway’s recently changed share buyback policy and $925 million in buybacks in 3Q/18 might be the signal that Warren Buffet thinks value stocks have become too cheap.
The post Ablin on value stocks – is it time to buy? appeared first on Cresset.
