David Mandelbaum

David Mandelbaum, a Portfolio Manager at Bleakley Financial Group and healthcare industry expert, joins the discussion. They analyze the surprising rally in the S&P 500 amidst economic uncertainty and rising inflation. Mandelbaum highlights an unexpected dip in the healthcare sector, presenting potential opportunities for investors. The team dives into the implications of a lawsuit against Capital One and emphasizes the importance of financial preparedness in natural disasters. Listeners gain valuable insights on market dynamics and investment strategies.

This week, Terri Kallsen chats with Andy Schwartz, a seasoned CFP and CEO of Bleakley Financial, and David Mandelbaum, a former healthcare attorney turned savvy portfolio manager. They delve into Nvidia's staggering market cap crossing $4 trillion and warn of the risks in today's overheated markets. The duo highlights healthcare as a hidden gem and discusses the implications of new tariffs on pharmaceuticals. They also share insights for retail investors contemplating private equity and dissect the recent chaos surrounding Tesla.

In this insightful discussion, Andy Schwartz, a CFP and CEO at Bleakley Financial Group, and David Mandelbaum, a portfolio manager and healthcare expert, delve into the unsettling state of the economy and markets. They discuss negative GDP trends and shifting client behaviors, warning that we’re not at the market bottom yet. Key topics include the potential of healthcare investments, the impact of tariffs, and strategies for navigating volatility, as well as when to get back into the market and the essential role of diversification.