Fed wanted weak jobs report -advisor

On the heels of a surprisingly weak April jobs report, Ladenburg Thalmann Asset Management CEO Phil Blancato tells Reuters' Fred Katayama that data justify the Fed's easy monetary stance. He also says investors should take some profit and put the proceeds into small cap value stocks.

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting