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Nancy Tengler on looking beyond Washington
Nancy Tengler joins Scott Shellady on RFD-TV’s Cow Guy Close to discuss why earnings growth, valuation and a longer time horizon matter when political headlines dominate the market conversation.

Nancy Tengler, CEO and Chief Investment Officer of Laffer Tengler Investments, joined Scott Shellady on RFD-TV’s Cow Guy Close on Nov. 4 to discuss how she keeps political headlines in perspective when evaluating stocks.
Nancy pointed to a tension in how investors react to AI spending. They can question how much a company is investing, then take a spending cut as a sign that demand is weakening. She explained why she takes a longer view when weighing those reactions.
The conversation also turned to whether investors should shift broadly from growth to value. Nancy discussed why she weighs a company’s earnings growth against the price investors are paying for it. A company’s reputation as a defensive holding, she noted, can tell investors less about its valuation than they might expect.

Nancy Tengler
CEO and Chief Investment Officer
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