A capital-spending boom will carry global markets for years
Ken McAtamney, manager of the William Blair International Leaders Fund, says that an 'underinvestment in [capital expenditures] around the world' has created a void that is now being filled around the world. He noted that beyond physical infrastructure in the United States and Europe, there will be expansive spending on data and digital infrastructure around the globe that will carry the recovery into the next few years. McAtamney is positive on developed Europe and emerging markets -- and specifically China -- as areas that should shine coming out of the pandemic recovery. Also on the show, Tom Lydon of ETFTrends.com focuses on inflation fears with his pick for the 'ETF of the Week,' Meredith Stoddard of Fidelity Investments discusses the firm's 2021 Couples and Money survey, and Charlie Farrell of Northstar Investment Advisors talks stocks and ETFs in the Market Call.