NDR's Kalish: Fading uncertainty gives the market impetus to keep rolling

Joe Kalish, chief macro strategist at Ned Davis Research, says that the uncertainty over tariffs, geo-politics, inflation and more has "kind of melted away," allowing themarkets to perform well and recapture record highs.Kalish says that while he likes the looks of global markets and wants a more balanced approach with increased exposure to Europe, Japan and other economies, he hasn't given up on the case of American exceptionalism in the market, especially with the way domestic companies have driven the artificial-intelligence boom that has been driving domestic markets higher. Author Paul Vigna returns to Money Life to discuss his new book —  The Almightier: How Money Became God, Greed Became Virtue, and Debt Became Sin — which is out this week and which examines how billionaires became false idols as savers and investors in the U.S. were forced to take more control of their financial futures. David Trainer of New Constructs turns to a fund that gets a five-star rating from Morningstar for this week's installment of The Danger Zone, saying that the Donoghue Forlines Momentum fund has investors paying too much for a portfolio that tilts towards unattractive and dangerous stocks. In the Market Call, Kathy Boyle of Chapin Hill Advisors discusses a core-and-satellite investment strategy built around the use of exchange-traded funds.