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Investing Amid Market Uncertainty

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    BKD Wealth Advisors CIO Jeff Layman gives his outlook for the markets.

  • Duration 2:33
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Much to investors hungry for a solution to Europe's debt -- -- Mario Draghi is reassurance that the ECB will do whatever is necessary to hold together the eurozone.

But how long until it was optimism fades radar is does Jeff -- as chief investment officer -- -- dean wealth advisors.

-- misty was pretty funny he said you know whatever's necessary but that wouldn't when -- -- what does that mean it was sort of pressed on it he said.

Believe me it will be enough how do you live up to that I mean that's like believe me we -- we're gonna get this -- seems like a high bar now.

Well again and the question is what is that plan look like an outfit today's market is a good example of the fact that.

Underlying fundamentals are pretty solid for for companies the earnings growth and continues to be good but we have this cloud that continues to hang over the market.

So a -- today well maybe that might clear but it.

Some you know this could -- tomorrow with -- not follow through on what the plan actually is.

Absolutely they have a policy meeting coming up of course that's exactly what they were talking about here but.

What do you think they would have to do -- a policy meeting to keep the market this positive.

But you know I think everyone's looking for a you know plan.

You know this -- -- -- plan that.

Really the the whole -- get behind there in Europe to to to move forward with then.

You know that it it -- there's a lot of talk a lot of discussion but nothing much concrete coming out of that and so they're becomes a little more clarity.

I think that the uncertainties -- -- continue to come in and out of the market and just like we've had this week some.

Really tough days on on concern that things are getting worse and then array of officers so right about that uncertainty how do you and asked would you do when he focused on.

Well you know it one of the the biggest challenges we think for investors today is it the other the typical safe haven assets are you yielding nothing.

For all purposes are -- less in the rate of inflation.

Which exposes them to a significant amount of of risk over time.

Meanwhile.

Equities both in the US and internationally are very attractively valued however.

You know -- were having a hard time making much consistent progress there because of all of these macro.

Concerns but.

The other with the way we would look at things is that it we can we can find a lot of great blue chip US companies for instance that offer dividend yields of greater than 3%.

And our -- is is it ten years from now those companies will be trading at much higher prices and they are today and that's a pretty good trade off on our view vs one and a half percent treasury now okay.

All right Jeff -- thanks for not --