T. Rowe Price's Martin: 'Contestable markets' created by AI will boost the economy

Jennifer Martin, vice president of global equities for T. Rowe Price, says that artificial intelligence is creating "contestable markets," which means that "Every company has to keep spending." That creates an economic imperative -- regardless of economic and market conditions -- that should help the stock market power through adjustments to the new administration's policies and concerning economic conditions. Martin discusses T. Rowe's 2025 Outlook, and how it has changed in the two months since it was issued, but she noted that the U.S. economy is set for another year of growth, and that value plays and small-cap stocks could be strong for international markets. Todd Rosenbluth, head of research at VettaFi, looks to a long-term dividend payers for both income and growth in his ETF of the Week, and Ken Mahoney, chief executive officer at Mahoney Asset Management, brings his "GPS method" for picking stocks and ETFs to the Market Call, looking to ride companies and sectors where the players are beating estimates and raising their earnings guidance.