Money Life with Chuck Jaffe
1,656 episodes - English - Latest episode: 1 day ago - ★★★★ - 106 ratingsMoney Life with Chuck Jaffe is leading the way in business and financial radio. The Money Life Podcast is a daily personal finance talk show, Monday through Friday sorting through the financial clutter every day to bring you the information you need to lead the MoneyLife.
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Episodes
Long-term trends are good, but 'technical correction' is in the offing
October 01, 2021 13:33 - 1 hour - 82.7 MBJulius de Kempenaer, senior technical analyst at StockCharts, says that the long-term trend for the stock market and for nearly every sector still looks strong, but he says the relationship between stocks and bonds needs fixing, which is why he expects a technical correction to give the market some time to breathe and digest the action of the last two years. De Kempenaer expects limited upside potential for a while, but says the downside could be a long slow sideways move or a steeper-but-sh...
Michael Falk: "Look in the mirror' to find your biggest investment challenge
September 30, 2021 12:57 - 1 hour - 88.9 MBMichael Falk of Focus Consulting Group -- who joins Chuck at the end of every quarter to discuss the market, investing and his personal battle with Lou Gehrig's Disease -- says that investors need to recognize that the greatest obstacle to their long-term financial success isn't the market and the economy, but the man in the mirror. 'Behavior,' he says in a wide-ranging interview, ' is more important than your investments,' noting that you will 'cause the greatest amount of error in any deci...
3EDGE's Folts: 'The Fed's job becomes much, much more difficult from here'
September 29, 2021 11:00 - 1 hour - 55.8 MBFritz Folts, chief investment strategist at 3EDGE Asset Management, says supply chain issues, Covid variants and other factors aren't going away, which will leave inflation higher heading into 2022, making it harder for the Federal Reserve to balance interest rates and inflation with changing global growth. Folts says that investors need to respond to the potential trouble by being better diversified outside of the United States, trying to generate more return without taking on too much risk...
MFS' Weisman: Inflationary pressures are nearing their peak
September 28, 2021 11:57 - 1 hour - 55.4 MBErik Weisman, chief economist and portfolio manager at MFS Investments, says that if inflation were to run at 3 percent or more for all of next year, it would be a significant challenge for both stock and bond markets 'and there may not be that many safe places to hide,' but while he sees that potential danger, he believes that the beginning of 2022 is likely to be where inflation peaks near 5 percent and then settles down to levels that allow for continued growth. It will be slower growth f...
Volatility from headlines is 'another opportunity to be taken advantage of'
September 27, 2021 13:06 - 1 hour - 56 MBBryce Doty, senior portfolio manager for Sit Investment Associates, says that current causes for investor concern -- the debt ceiling, inflation and more -- are creating volatility and buying opportunities in a market that's on solid long-term footing as it continues to reopen and recover from the coronavirus pandemic. Also on the show, Kyle Guske from research firm New Constructs explains in the Danger Zone why the Allbirds IPO won't fly right from the start, University of Arkansas professo...
Technicals show that the market rally can keep rolling
September 24, 2021 12:12 - 59 minutes - 54.5 MBMatt Fox, president of Ithaca Wealth Management, says that the market appears to have shaken off current events in China that were creating downward pressure, and it could soon be back to flirting with record highs and resuming its long climb. Fox noted that his big worry is less about anything he sees in the charts and more about the potential for the economy to have surprisingly slow growth. Also on the show, Erik Herzfeld of Thomas J. Herzfeld Advisors says that investors are sacrificing ...
'Markets have hit an air pocket,' turbulence will persist
September 23, 2021 12:39 - 58 minutes - 53.7 MBRon Sanchez, chief investment officer at Fiduciary Trust Company International, says that markets are facing some resistance in September after seven consecutive months of gains, and he expects that increased choppiness to continue into October, but his long-term outlook remains highly constructive, noting that economic growth from the recovery is being pushed out into 2022 and '23. Sanchez believes that we're still 'in the first half of this economic cycle over the next two or three years w...
Wells Fargo's Christopher: US recovery will remain ahead of the world
September 22, 2021 12:34 - 1 hour - 55.4 MBPaul Christopher, head of global market strategy at the Wells Fargo Investment Institute, says that the economic recovery pace in the United States is ahead of most foreign countries and is likely to stay that way for a year or more, but his long-term thinking suggests that changing globalization will use more robotics and artificial intelligence and more to localize production and make it that different countries move through cycles on their own pace, rather than as part of a large group. A...
CUNA's Rick: Delta variant is the wild card, inflation is the key
September 21, 2021 12:29 - 58 minutes - 54.3 MBSteve Rick, chief economist at CUNA Mutual Group, says that Coivd-19 and its variants remain the biggest issue facing the global economy right now because it has slowed the U.S. economy more than expected and it continues to drive expectations lower, at a time when rising inflation is a concern that could put a further damper on growth. Despite the uncertainty, Rick remains largely positive on the economy, provided that inflation spikes remain, as he expects, relatively short-lived. Also on...
New Construct report says 75 percent of big companies misstate earnings
September 20, 2021 12:13 - 59 minutes - 54.7 MBDavid Trainer, president of New Constructs, says that new research from the firm shows that three-quarters of the Standard and Poor's 500 stocks have misstated earnings, and that 215 of those companies have overstated their profits by more than 10 percent. He cites Fortive Corp., which shows reported earnings of $4.62 per share, but with core earnings of 99 cents per share; as a result, Trainer says the $74 stock has an economic book value of roughly $21 per share, making a fair value somewh...
Merrill's Mukherjee: The market will keep rising, but more slowly
September 17, 2021 13:35 - 1 hour - 55.4 MBNiladri Mukherjee, head of portfolio strategy at Merrill Lynch Bank of America Private Bank, thinks that equities will grind higher from current levels, but that progress will be based on a 'different playbook' driven by rising corporate earnings and narrower moves that force investors to dig into the numbers -- to 'get micro' looking at valuation opportunities -- rather than relying on the rising tide of indexes to carry them forward. Also on the show, Steve Seedhouse, managing director of...
Nearly all dividend stocks are 'way overpriced' now
September 16, 2021 13:19 - 1 hour - 55.9 MBRob Isbitts, chief investment strategist at Sungarden Investment Publishing, says that with the yield on the Standard and Poor's 500 is as low as it has been in years, investors trying to find good buys on dividend stocks are looking for the proverbial needle in a haystack. Isbitts, who has developed a new investment factor he calls YARP -- for 'yield at a reasonable price' -- says that yield-oriented investors are taking on too much risk for the distributions they're getting right now, a si...
Left Brain's Langford says '5 is the new 8' in fixed income
September 15, 2021 12:04 - 59 minutes - 81.8 MBNoland Langford, chief executive at Left Brain Investment Research, says that investors must adjust and deal with the current impact of inflation and continuing low rates, noting that '5 is the new 8,' and that investors may struggle to find good ways to generate a 5 percent yield. To meet that standard, Langord says he has gotten both more aggressive and more selective in using high-yield corporate bonds and preferred securities, and talks about a few examples that meet his investment crite...
Jan van Eck: Don't get nervous while the Fed 'blows air into the balloon'
September 14, 2021 12:40 - 58 minutes - 54.2 MBJan van Eck, chief executive officer at VanEck, says that government policy 'determines the weather' for markets and policy has been 'insanely supportive' of markets and while that is changing slowly he would suggest that investors have no reason to feel nervous while the Federal Reserve continues to support the market. van Eck talks about three multi-year investable trends, starting with the continued low interest rates and how they encourage people to keep borrowing now, but extending to t...
Star Trek or Mad Max, a troubled IPO that people are blind to and more
September 13, 2021 12:26 - 59 minutes - 81.9 MBIt's a wide-ranging show today with author Alec Ross, discussing 'The Raging 2020s: Companies, Countries, People - and the Fight for Our Future,' and whether the times ahead look more like a Star Trek universe or the landscape of Mad Max. In the Danger Zone, David Trainer of New Constructs sees through the popularity of the Warby Parker IPO to discuss how the stock may be worth no more than 20 percent of its anticipated opening price, and in the Market Call, Jonathan Browne of Robinson Capit...
The tide isn't rising, 'it's just certain boats are powering ahead on their own juice'
September 10, 2021 11:00 - 1 hour - 55.8 MBMichael Kahn, senior market analyst at Lowry Research Corp., says that technical analysis shows that the market at record highs is hiding the fact that parts of the market are not working, and that a number of indexes and indicators -- with the notable exception of the Standard and Poor's 500 -- are flat or struggling. 'I don't see that the rising tide is raising all boats,' Kahn says. 'I don't think the tide is rising.' In the Big Interview, Richard Smith of The RISK Rituals newsletter -- c...
Boston Partners' Mullaney: 'Best financial conditions we've seen in decades'
September 09, 2021 12:28 - 59 minutes - 54.4 MBMichael Mullaney, director of global markets research at Boston Partners says that we're seeing 'the best financial conditions that we've seen in decades right now, and earnings are off the charts,' and while he sees some potential for change due to inflation and interest rate pressures, he says that investors should be listening to the stock market and taking advantage of the good conditions while they last. Also on the show, Tom Lydon of ETFTrends.com issues a warning for investors in tar...
NDR's Kalish: Inflation may not be as transitory as policymakers think
September 08, 2021 13:13 - 58 minutes - 54 MBJoe Kalish, chief macro strategist at Ned Davis Research, says that the global markets are positioned well for the future provided that they can avoid significant trauma caused by inflation, and he is worried that the pressures causing current inflation may be more persistent than policymakers expect. If pricing pressures linger and are not transitory -- and Kalish uses shelter costs as a possible example -- they may not show up in inflation measures for more than a year, but they will impac...
ProShares' Helfstein looks at 'post-pandemic fallacies'
September 07, 2021 12:04 - 59 minutes - 54.7 MBScott Helfstein, executive director of thematic investing at ProShares, says that the economic re-opening from the pandemic is not some sort of rewind, and that to move forward investors should give up on what he described as five fallacies, including the long-held debate about the growth versus value styles of investing. Helfstein also says that investors should recognize that investors should not expect government influence to cool off when the pandemic ends, says that the global supply ch...
The economy has recovered, and now is in an 'expansion phase'
September 03, 2021 13:17 - 1 hour - 55.5 MBJeanette Garretty, chief economist at Robertson Stephens Wealth Management, says that the economy has entered an economic expansion phase, and notes that these growth phases tend to last a while. She expects this expansion to run for years, driven by fiscal policy and helped along by changes in the workplace, productivity and inventories that have eliminated some of the classic economic impediments to protracted growth runs. Also on the show, Daniel Wildermuth of the Wildermuth Endowment Fun...
Muni bond market waits nervously on infrastructure bill
September 02, 2021 12:58 - 58 minutes - 54.2 MBCatherine Stienstra, head of municipal bond investments at Columbia Threadneedle, says that the muni market has had a good summer, but got a bit softer in August and is likely to stay that way while waiting to see how government infrastructure plans and any potential tax increases play out. Tom Lydon of ETFTrends.com -- for the second week in a row -- makes a classic fund that now is available as an exchange-traded fund his ETF of the Week; one difference this week is that the fund is a corn...
Seafarer's Foster: Take a red pen to China's growth projections
September 01, 2021 12:40 - 59 minutes - 54.5 MBAndrew Foster, chief investment officer at Seafarer Capital Partners, says that forecasts for China to become the world's largest economy -- surpassing the United States -- are based on overblown economic assumptions. He says China is revising numbers, which will put 'a substantial dampener on growth;' instead of growth rates projected at 6 percent, Foster says to expect economic deceleration that puts 'the point where China surpasses the US more in doubt' or much further out. Also on the sh...
Franklin Templeton's Dover sees modest market gains ahead
August 31, 2021 11:30 - 59 minutes - 54.4 MBSteven Dover, chief market strategist at Franklin Templeton, and the head of the Franklin Templeton Investment Institute, says that the current math makes it hard for the market to double again the way it has in the last year, so he is expecting it to take another eight or nine years to see the next market double. That means investors should expect single-digit gains, which Dover thinks is reasonable given current market conditions, uncertainty over inflation, Covid-19, interest rates and mo...
Janney's Luschini: Corporate profits will lead market higher into 2023
August 30, 2021 11:30 - 59 minutes - 54.5 MBMark Luschini, chief investment strategist for Janney Montgomery Scott, says that the stock market is likely to follow the growth of corporate profits, which bodes well for heady gains over the next year or two, despite inflation and other concerns that will increase volatility and potentially cause setbacks. Luschini says that since grizzly and protracted bear markets rarely occur outside of a recession -- and with recession seeming like a remote possibility in the next 12 to 24 months -- i...
Invesco's Hooper: Covid and the Fed will determine if market hits its potential
August 27, 2021 13:10 - 59 minutes - 54.5 MBKristina Hooper, chief global market strategist at Invesco, expects reasonable growth for the economy and the stock market into next year, but notes that depends on the Federal Reserve successfully managing interest rates, and Covid variants not re-igniting the pandemic to where consumers shut down even if the economy remains open. She expects secular growth and defensive stocks to be the outperformers as the economy moderates and returns more to normal; cyclical stocks and small-cap compani...
BMO's Kimball: 'Everyone is talking about the Fed too much'
August 26, 2021 13:00 - 59 minutes - 54.5 MBScott Kimball, head of US fixed income at BMO Global Asset Management says investors need to recognize that the Federal Reserve is taking away emergency provisions, which should not threaten risk markets the way they feel threatened right now. With the Fed remaining cautious, Kimball says that inflation is likely to remain elevated, but not get to the runaway level. As a result, he expects that 2022 will prove that the inflationary talk right now has been early. Also on the show, Tom Lydon o...
NY Life's Yoon: Plan on inflation and higher interest rates
August 25, 2021 12:53 - 59 minutes - 54.8 MBJae Yoon, chief investment officer at New York Life Investment Management, says that he is worried about how much higher the market can go from here with valuations at or near record highs, but he believes investors can be confident about investing globally and adding emerging markets and developed Europe for growth. Yoon believes the 10-year Treasury bond will be in the 1.5 to 2 percent range by the end of this year or early next year, and says investors need to react to that, tilting towar...
Crossmark's Fernandez: We won't see 'normal' for another 12-18 months
August 24, 2021 12:40 - 59 minutes - 54.4 MBVictoria Fernandez, chief market strategist at Crossmark Global Investments, says the recovery has created a solid foundation for the market to do well, despite increased choppiness that may be fueled in part by the shifting numbers and the strained year-over-year comparisons. With the heightened volatility, Fernandez says investors need to double down on their diligence, becoming more particular about individual securities and looking for solid balance sheets that can withstand volatility o...
Look for stodgy dividend payers that have missed out on the bull market
August 23, 2021 12:44 - 59 minutes - 54.9 MBBroan Bollinger, president of Simply Safe Dividends, says that the stock market's rise to record highs has created challenging valuations for income-oriented stocks, but he maintains that there are issues that are steady, boring names that have missed out on much of the rise and remain reasonable values today. In the Market Call, Bollinger discusses the importance of dividend safety and the relative certainty of the income stream in income-generating stocks. Also on the show, Greg McBride of...
Good yields on dividend stocks are hard to come by
August 20, 2021 13:42 - 1 hour - 55.6 MBMarc Lichtenfeld, chief income strategist at The Oxford Club, says that lower-for-longer interest rates and bond yields that have had investors turning to dividend-paying stocks have helped push valuations to where investors are having a tough time getting good payouts, and that they might want to cast a jaundiced eye to investments where the yield is out of line with the market right now because companies that are unblemished are trading at premium levels, so the only bargains have some war...
The market -- and gold -- are saying that inflation isn't coming
August 19, 2021 13:32 - 1 hour - 55.4 MBThomas Winmill, manager of the Midas Fund, says that gold is where investors go to preserve capital when they think inflation is coming, and the underperformance of gold would suggest that investors think that rising consumer prices are temporary. Winmill notes that there has been inflation in housing and health care and in other key areas, as well as in commodities like aluminum, copper and cobalt - but not in precious metals. Still, he says that gold miners are attractive now as they are a...
Market will be up in a year, but the ride to that peak will be bumpy
August 18, 2021 12:26 - 57 minutes - 53.3 MBMichael Power, strategist at NinetyOne, says that stock market valuations are stretched and bond yields are unsatisfying, but investors have no place else to go but the domestic markets. He expects a sell-off and downturn, but to end quickly. Ultimately, he believes investors will like the progress made over the next year, even though they will have to suffer through heightened volatility to reach that good news. Also on the show, Freddy Garcia of Left Brain Wealth Management discusses finan...
Economist Silber: There's power in having nothing to lose
August 17, 2021 13:19 - 59 minutes - 54.7 MBEconomist William Silber says that when investors have downside protection and the potential for limited losses against big possible gains, it is time to be a gambler and to be a little reckless. Silber whose new book out this week is 'The Power of Nothing to Lose: The Hail Mary Effect in Politics, War, and Business,' discusses the times when gambles and risk-taking make sense, though he notes that most of those speculations are more for entertainment than for building wealth. Also on the sh...
Zacks' Blank: FAANG stocks will keep the market rolling
August 16, 2021 12:35 - 1 hour - 55.3 MBJohn Blank, chief equity strategist and chief economist for Zacks Investment Research, says that valuations are high, but that the Standard and Poor's 500 is buttressed against a downturn by its biggest members -- the famed FAANG stocks plus Microsoft and one or two others -- that have price/earnings ratios of higher than 25, higher than the index p/e of 20. 'We have never had seven companies make up a quarter of [the index],' Blank says, 'and we have never had those seven companies driving ...
Talon's Grimes: Position aggressively in the direction of a strong upside move
August 13, 2021 12:49 - 58 minutes - 54.1 MBTechnical analyst Adam Grimes, president of Talon Advisors, says that he is generally bullish about the market right now, and that it 'would take a lot' to make him move to the short side and bet against the market. Instead, he anticipates a strong market move to the upside and says investors should be moving money aggressively to take advantage of buying opportunities. Also on the show, Mike Taggart of Taggart Fund Intelligence discusses the current state of closed-end fund consolidations a...
Lower velocity of money could destabilize the economy
August 12, 2021 12:28 - 1 hour - 55.2 MBZvi Schreiber, author of 'Money, Going Out of Style: The story of money and the mystery of its demise,' says that people are getting more money than ever but aren't moving it along and pushing it through the economy, opting instead to use money in speculative ways through investing, cryptocurrency and more, all of which has the potential to be economically destabilizing. He explains how dubious uses of money aren't providing economic value. Also on the show, Tom Lydon of ETFTrends.com makes ...
Commonwealth's Gaggar: Expect the banking recovery to roll on
August 11, 2021 12:53 - 59 minutes - 55.2 MBAnu Gaggar, global investment strategist for Commonwealth Financial Network, says that bank stocks -- mostly out of favor since the financial crisis of 2008 and hit hard by the coronavirus pandemic -- are showing signs that their strong recent recovery has legs despite the threats posed by potential hikes in inflation and interest rates. Gaggar notes that since the market bottomed in March 2020, banks have outperformed the Standard and Poor's 500 by over 25 percent, adding that the risk cont...
JOHCM's Caputo: Bonds aren't paying enough for the risk you're taking
August 10, 2021 11:48 - 59 minutes - 54.3 MBGiorgio Caputo, senior fund manager at J.O. Hambro Capital Management, says that investors aren't being paid enough for duration or credit risk in their bond holdings, which is why the firm is leaning more toward equities to generate income and protect against the possibility of rising rates. Caputo says the equity allocation needs both companies that play defense against the current economic cycle, the potential for inflation and the spectre of rising rates. In the first interview today, Ke...
Missed earnings show the problems in Pinterest and Zendesk
August 09, 2021 12:13 - 59 minutes - 54.6 MBDavid Trainer, president and founder of New Constructs, put Pinterest and Zendesk back in the 'Danger Zone,' noting that recent earnings misses for the companies could be what triggers the decline he has been expecting. Trainer says Pinterest has a downside of more than 50 percent, and that Zendesk is even worse at over 80 percent, though he notes the companies have survived previous troubles to remain at lofty valuations. Also on the show, Ram Subramanian of Discover discusses a survey show...
Harding Loevner's Schmidt: Tune out the macro noise and you'll find good values
August 06, 2021 12:30 - 59 minutes - 54.6 MBRick Schmidt, portfolio manager for Harding Loevner, says that investors may have a lot of macro worries -- from rising inflation and interest rates to coronavirus, the economy and more -- but he describes the big picture as being like the weather: 'We don't think we can predict it beyond a couple of days, but it's not silly to look out the window before you go outside. If it's raining, put up an umbrella ... But I'm not going to predict what's going to happen a week from now and try to inv...
Pinebridge's Schomer says Fed won't raise rates for years
August 05, 2021 12:52 - 58 minutes - 54.2 MBMarkus Schomer, chief economist at Pinebridge Investments, says in the Big Interview that worries over rising inflation and interest rates are significantly overblown, noting that the shortages behind price hikes should mostly be resolved by the year's end, and adding that there are no rate hikes in the Federal Reserves 'foreseeable future,' because the central bankers can't achieve their jobs/employment targets in a rising rate environment. Also on the show, Tom Lydon of ETFTrends.com highl...
Record 'optimism gap' highlights conflict between investors and consumers
August 04, 2021 12:20 - 58 minutes - 54.2 MBEd Carson, news editor at Investor's Business Daily, says the latest IBD/TIPP Economic Optimism Index -- which overall was down again in the facing of concerns about rising inflation -- highlights the difference between investors and non-investors. He noted that the confidence measure showed a record 'optimism gap,' a difference of more than 15 percentage points between the number of positive investors compared to non-investors. Investors haven't just seen their stocks rise, but held more st...
The big-name, flashy IPOs aren't the best opportunities now
August 03, 2021 12:58 - 1 hour - 55.4 MBJosef Schuster, president of IPOX Schuster -- a firm that tracks and evaluates initial public offerings -- says that the hot names like Robinhood that have been making headlines in IPOs have been the lesser opportunities right now, noting that lesser-known small- and mid-cap new companies have a greater probability of upside and are a better value. Schuster talks about the current IPO market, but also covers special-purpose acquisition companies (SPACs) and how they are changing the landscap...
Oakmark's Abbas: Different causes of inflation require investor response
August 02, 2021 12:41 - 1 hour - 57.3 MBAdam Abbas, portfolio manager and the co-head of fixed income for the Oakmark Funds, says that investors are seeing -- and must react to -- different types of inflation, starting with the quantifiable shortages creating 'bottleneck inflation' that is transitory, then 'easy money inflation' created by central bank policies and unprecedented economic stimulus, and that investors will still find fixed income useful in these times for consistent returns and protection of capital, even if rates a...
Technical divergences show 'the risk of a correction is rising'
July 30, 2021 13:06 - 59 minutes - 55.2 MBZach Jonson, chief investment officer at Stack Financial Management, says that the market is reaching all-time highs with 'weaker and weaker breadth and more narrow selectivity,' and that this dichotomy indicates that the risk of a correction is rising. Jonson says that investors who are significantly overweight in equities due to the market's hot run over the last year might want to pull back now to avoid a potential crunch as they watch this skirmish between the market's fundamentals and t...
Ally's Bell: Sort out the Fed and the market is ready to roll
July 29, 2021 12:53 - 58 minutes - 54.2 MBLindsey Bell, chief investment strategist at Ally Invest, says that while the market has seen great numbers thus far this year, there is room to go higher -- potentially by double digits -- once the market has clarity on how the Federal Reserve will respond to inflationary pressures. Bell notes that there will be 'rockier days ahead,' but she is optimistic not only for the rest of 2021 but for next year as well, noting that most of the red flags are worrisome but not real triggers for poten...
Marc Chaikin: Second-guessing the market top doesn't make sense
July 28, 2021 13:07 - 1 hour - 56 MBVeteran market observer Marc Chaikin, the founder of Chaikin Analytics, says that the market has been consistently making higher highs and higher lows since November of 2020, and that upward grind is likely to continue for at rest of the year -- Chaikin thinks the market will gain another 10 percent by year's end -- so investors who are worrying about problems and second-guessing the market's moves are hurting themselves and their portfolios. Also on the show, Ted Rossman discusses the lates...
NFCU's Frick: Nervous consumers 'are missing the big picture'
July 27, 2021 09:42 - 58 minutes - 53.9 MBRobert Frick, corporate economist at Navy Federal Credit Union, says that nervous investors are worried about numbers that are much more solid than they appear in headlines. Frick notes that retail sales, for example, could come down 5 percent from current levels and they'd still be booming. He sees strong economic growth even as the headline numbers start to reflect the movement from recovery mode to pre-pandemic normals. Also on the show, Adam Rozencwagj of Goehring and Rozencwajg says th...
New Constructs' Trainer says 3 big-name stocks are headed for trouble
July 26, 2021 12:43 - 59 minutes - 54.5 MBDavid Trainer, president and founder of New Constructs puts technology giants Amazon, Alphabet and PayPal in the Danger Zone this week, noting that the companies are among the companies in the Standard and Poor's 500 that are most likely to miss earnings estimates for the upcoming reporting season, thanks to investments in other companies that ultimately distort their financial picture. Also on the show, Chad Moutry discusses the findings of the July Economic Outlook survey released today by...
Fairlead's Stockton: Technical struggles are actually good news
July 23, 2021 13:38 - 1 hour - 69.6 MBKatie Stockton, founder and managing director at Fairlead Strategies, says that the market's recent volatility has changed investor sentiment but that mood change actually is creating buying opportunities. Stockton says she does not see much pressure for a correction in the market now, in spite of the market's nervousness; she notes that much of the downside nervousness is around mega-cap stocks, again creating opportunities for investors away from the headlines. Looking at fundamentals, Jef...