Channel Capital's Roberts: In volatile times, the market is discounting the Fed

Doug Roberts, chief investment strategist at Channel Capital Research -- best known for his book on following the Fed to investment success -- says that investors are terrified that the Federal Reserve will overshoot on its strategy and throw the economy into a deep recession, but they have largely discounted the central bank's recent and current actions while they wait to see whether Chairman Jerome Powell decide just when a pivot can occur that drops interest rates and pushes inflation lower. Also on the show, Tom Lydon of VettaFi makes a 200-day moving-average play on a single-country fund covering a surprising market, Ted Rossman of Bankrate.com discusses a recent survey showing how many credit-card users are missing out on potential savings from balance-transfer offers and, in the Market Call, Chase Investment Counsel CEO Peter Tuz -- co-manager of the Chase Growth Fund -- talks about finding growth stocks at reasonable prices in a market that is struggling with today's headline risks.