Mariner's Krumpelman: Market will fly through 'clear-air turbulence' to 6600 this year

Jeff Krumpelman, chief investment strategist at Mariner Wealth Advisors, likens current markets to "clear-air turbulence," when a plane flying through blue skies winds up being buffeted by high winds and conditions that are hard to see. Weathering that wild ride, travelers can reach their destination, and Krumpelman thinks the Standard & Poor's 500 is headed to 6,600 — the same level he was forecasting at the start of the year — with 7,000 a possible high-water mark. Krumpelman says that trusting the data showing a strong economy should make investors confident that the market will overcome headline noise and turn any downturns into buying opportunities. In The NAVigator segment, Rob Shaker — portfolio manager of Shaker Financial Services — discusses "discount-capture investing," and how the market's wild moves around tariff announcements this year made the strategy particularly sensitive to the emotional changes of investors. Shaker says that discount fallout from tariff news was particularly big and fast, but conditions normalized quickly, rewarding patience and risk-taking. Plus, in the Market Call, Eric Marshall, president and portfolio manager at Hodges Capital Management, talks about bottoms-up investing and finding management with solid long-term stories that can weather current headline risk.