Money Life with Chuck Jaffe
1,656 episodes - English - Latest episode: 2 days 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
Currency meltdowns, Biden's tax plan, lifetime income and 'Lincolnomics'
May 11, 2021 12:39 - 59 minutes - 54.8 MBIt's a wide-ranging show today with Mish Schneider of MarketGauge.com talking technical analysis and worrying about the status of the dollar and how it appears to be weakening, and Andy Kapyrin of Regent Atlantic discussing the Biden Administration's tax-overhaul proposal, which would raise capital gains taxes on the wealthiest Americans to more than 40 percent. Stan Haithcock, 'Stan the Annuity Man,' returns to answer an audience member's question about how and whether to establish an annui...
Positive earnings stories hide problems for Lyft, Spotify and Snap
May 10, 2021 12:49 - 59 minutes - 54.3 MBDavid Trainer of New Constructs revisits three past 'Danger Zone' picks that recently reported earnings that the market could take as a positive but that he feels continue to mask deep underlying problems. Trainer believes two of the three companies ultimately could prove worthless, but even if they don't he says that all three stocks are dramatically overpriced based on their realistic prospects for controlling their respective industries. Also on the show, Chuck covers why Friday's bad job...
Option Strategist's McMillan: Be ready to protect your profits
May 07, 2021 12:57 - 1 hour - 55.3 MBLawrence McMillan of McMillan Analysis and OptionStrategist.com says he is tightening up his stops right now, because the market is showing a few subtle danger signs within mostly positive trends. He worries that the market -- and particularly the Nasdaq, which has struggled while other indicators have flirted with new highs -- could be in for a short, sttep downturn before they can build off of positive news and trends. Also on the show, author Phil Moeller discusses his latest book, 'Get W...
Michael Baron on how his fund has gained 165 percent in the last year
May 06, 2021 12:59 - 58 minutes - 54 MBWith the stock market near record highs and up nearly 50 percent in the last 12 months, big gains aren't all that impressive. But Baron Partners Fund -- which gained 45 percent in 2019 and nearly 150 percent in 2020 -- has now racked up a 165 percent increase over the last 12 months, more than three times the return of the broad stock market and is the number one fund in its category in every time period from one year to 15 years. In an extended Big Interview, manager Michael Baron discusses...
Hancock's Roland: 'Everything is absolutely awesome,' for now
May 05, 2021 12:56 - 59 minutes - 55 MBEmily Roland, co-chief investment strategist, John Hancock Investment Management, says that the economic and corporate fundamental pictures are 'absolutely awesome' right now, but she notes that after parabolic returns off the bottom like we have seen in the last 12 months, the market tends to become more choppy, volatile and challenging. While she is bullish -- believing that new economic and market cycles are unfolding now -- she thinks the easy rebound returns have been made. Also on the ...
NDR's Clissold: Some trouble ahead, but the risk of recession is low
May 04, 2021 12:05 - 58 minutes - 54.3 MBEd Clissold, chief US strategist at Ned Davis Research, says that the stock market should remain strong while the economy gets back to full speed, but he notes that things could change quickly thereafter and says investors will want to get defensive. He does not expect a recession or significant bear market, but believes investors will want to play defe3nse and choose buying opportunities carefully. Also on the show, Chris Vermeulen, chief market strategist for The Technical Traders, says th...
Get the skinny on annuities from the industry's 'walking middle finger of truth'
May 03, 2021 11:00 - 1 hour - 55.3 MBStan Haithcock -- better known as 'Stan the Annuity Man' -- joins Chuck to help savers and investors understand where annuities fit into an investment program at a time when many people are scared about how far the market could fall from record highs. haithcock -- who has been described as 'the walking middle finger of truth for the annuities industry' -- gives his fundamental lessons that allow consumers to decide if an annuity is a good and necessary savings tool for their individual situa...
Merrill's Quinlan: Inflation is the 'biggest issue for the market to digest'
April 30, 2021 12:21 - 59 minutes - 55 MBJoe Quinlan, head of CIO market strategy for Merrill Lynch and Bank of America Private Bank, says that the market is in a sweet spot right now -- neither too hot nor cold -- but when inflation heats up and Federal Reserve chairman Jerome Powell tells the market his thoughts, 'that's when things will get dicier.' Quinlan doesn't expect the market to hit a wall, but he expects a 'true testing period' and says investors should prepare for that by diversifying, rebalancing, and being ready to bu...
Rising house prices aren't portending trouble for the economy
April 29, 2021 11:00 - 1 hour - 56 MBMark Fleming, chief economist at First American Financial Corp,, says that the increase in home prices is being fueled by low interest rates -- which increases purchasing power -- a lack of supply of homes and a generational shift of young families striving to get a home, all fundamental reasons for higher prices without actually inflating a bubble. Fleming also discusses why rising delinquencies aren't about to create a foreclosure boom, and much more in the Big Interview. Also on the show,...
Jack Brennan revisits classic investing lessons, and adds fresh takes
April 28, 2021 11:58 - 1 hour - 56.2 MBJack Brennan, former chairman and chief executive at The Vanguard Group, discusses his new book 'More Straight Talk on Investing: Lessons for a Lifetime' and talks about how the financial world has changed in the 17 years since the original 'Straight Talk on Investing' debuted, and how investors can best navigate what lies ahead. Also on the show, Janie Quek of Left Brain Investment Research covers Airbnb Inc. and why she believes it is poised for a big post-pandemic boost, with William Smea...
Amid a strong market, it may be time to 'dial back some risk'
April 27, 2021 12:10 - 59 minutes - 54.7 MBChris Zaccarelli, chief investment officer for the Independent Advisor Alliance, says that while the market is poised for continued growth -- especially as the economy reopens -- savvy investors may want to diversify further and tighten their asset allocations so that they are better positioned to survive trouble when it arrives. He notes that he prefers value to growth right now, and notes that while he likes emerging markets he believes there are better bargains to be had in Europe. Also o...
If the 60-40 portfolio doesn't work, turn it on its head
April 26, 2021 11:00 - 58 minutes - 53.9 MBMany experts have been on Money Life recently saying that the classic 60 percent stocks/40 percent bonds portfolio doesn't work; some have suggested changing the mix of holdings that make those percentages, others have recommended making stocks 70 or 80 percent of a standard portfolio. Today on Money Life, John Ruth, chief executive officer at Build Asset Management, suggests turning the entire equation upside down, making the bond portion the heavy part, and using options to help returns be...
Experts agree that coming market setbacks are buying opportunities
April 23, 2021 12:24 - 1 hour - 55.6 MBRyan Detrick, chief market strategist for LPL Financial, and Buck Klintworth, portfolio manager at Chase Investment Counsel, say in successive interviews that they see the market as poised to take a breather, a correction, a downturn or whatever you want to call a small setback. Both of them, however, were clear that any setback now and through the summer is a clear buying opportunity, as they believe the market will quickly re-establish its long-term upward trend. Also on the show, Michael ...
Bitcoin isn't 'digital gold,' it's currency for the borderless digital economy
April 22, 2021 12:51 - 59 minutes - 55 MBSteven McClurg of Valkyrie Investments -- which has filed registration papers to create two different Bitcoin-related ETFs -- says that cryptocurrency shouldn't be seen as a replacement for gold and precious metals or as a store of value, but instead is growing into a way that transactions are being done around the world, and is starting to become something that corporations must invest in as part of their international trade. That maturation process, he says, will be helped along as regulat...
The REIT market is deciding if 'office space is the next retail'
April 21, 2021 11:00 - 59 minutes - 55.1 MBScott Crowe, chief investment officer at CenterSquare Investment Management, says that real estate investment trusts currently are cheap, currently trading where it was pre-pandemic. That said, some of that issue stems from certain parts of the real estate world being scary; the pandemic-driven change to working from home will impact office space, Crowe discusses whether office space could have the same dismal-looking future as shopping malls and retails spaces. Also weighing in on real esta...
Elliott Wave's Gilburt sees market gaining nearly 50 percent by 2023
April 20, 2021 12:21 - 59 minutes - 55.1 MBAvi Gilburt, editor of the Elliott Wave Trader, says that he sees the Standard and Poor's 500 having a summer rally -- after a small near-term pullback -- to finish the year at 4,600 and maybe slightly higher, but his long-term outlook is that the index will reach 6,000 by 2023. Also on the show, Steve Wendel, head of behavioral research at Morningstar, discusses new research on how the pandemic is affecting Americans' financial security, Matt Schulz of LendingTree talks about how fewer cons...
In post-pandemic world, investors need more commodities, alternatives and more
April 19, 2021 12:27 - 59 minutes - 81.4 MBTracie McMillion, head of global asset allocation strategy for the Wells Fargo Investment Institute, says that investors preparing for a post-pandemic stock market and economy will want to broaden their exposure to different equity asset classes and sectors, will need to be picky about fixed-income investments, but will also want to build up their holdings in commodities and add alternative asset classes and hedging strategies in order to ride out a world that is clearly rotating to new and ...
RiverNorth's Galley on how the pandemic fueled the boom in SPACs
April 16, 2021 12:25 - 1 hour - 55.8 MBPatrick Galley, chief executive and chief investment officer at RiverNorth Capital Management and the RiverNorth Funds, does two interviews on today's show, one focused on closed-end funds -- which he believes represent a strong value in today's marketplace and which could be the way that investors changing their bond allocations look to goose returns -- and the other mostly on special-purpose acquisition companies, SPACs. He says that while SPACs have been the rage in the last year, the boo...
Madoff's dead, but lessons he taught us may live on forever
April 15, 2021 11:00 - 58 minutes - 53.8 MBDiana Henriques, author of 'The Wizard of Lies: Bernie Madoff and the Death of Trust,' discusses the death of the man who was behind the world's largest investment fraud and the lessons that will forever be attached to his disgraced name. Henriques -- who corresponded with Madoff in prison up until 2017 -- gives her take on whether Madoff had any remorse for his crimes, whether he ever came clean about just what happened and why and more. Also on the show, Bruce Monrad of Northeast Investors...
Commonwealth's McMillan: 'We're getting to the edge of the woods here'
April 14, 2021 11:11 - 59 minutes - 54.8 MBBrad McMillan, chief investment officer at Commonwealth Financial Network, says the economy and stock market aren't completely out of the woods of the pandemic, but we can see the sunlight from here.He says the market has been backing and filling as stocks react to the lingering coronavirus news but also start to price in the reopening and the economic boost to come. Also on the show, Noland Langford of Left Brain Investment Research highlights a stock that has gotten a huge boost from the p...
DoubleLine's Checcone: Value is poised to outgain growth, by a lot
April 13, 2021 12:17 - 59 minutes - 54.9 MBEmidio Checcone, co-manager of the DoubleLine Equity Value Strategy, says that the recent value surge is just the start of what should be a long run where the value investment staples dramatically outperforms growth. Checcone notes that at the end of 2019, value was lagging growth by record margins, and that differential grew bigger by 35 percent in 2020 as the stock market took off. Now, Checcone sees value as bouncing back and notes that the recent outperformance by value -- which beat gro...
Payden's Cleveland: 'The party is still going, the punch bowl is being refilled'
April 12, 2021 12:58 - 59 minutes - 54.9 MBJeffrey Cleveland, chief economist for Payden and Rygel, says he expects the Federal Reserve to continue its aggressive and accommodative monetary policies through this year and potentially all the way to 2023, and he notes that whenever there is strong earnings growth with an accommodative Fed -- like we have right now -- tend to be good years for the market. Also on the show, Howard Gold of MarketWatch.com discusses his recent column suggesting that investors will mostly want to remain inv...
TrendStar's Turner: Market is having 'a beautiful party without many people here'
April 09, 2021 11:40 - 1 hour - 55.6 MBTechnical analyst Toni Turner of TrendStar Group says she is worried that the market has gotten back to record highs but that it has done it on low volume, noting 'when you get this quiet feeling' where everything seems perfect, almost any bad news could be a catalyst to drive the market back to support levels. In the Big Interview, John Johnson of Edgeworth Economics talks about how hard it is to size up the coming economic recovery and to determine which sectors and industry might lag behi...
U.S. Global's Holmes: 'Acceleration of inflation is baked into the system'
April 08, 2021 11:52 - 59 minutes - 54.7 MBFrank Holmes, chief investment officer at U.S. Global Investors, says that inflation should be a key concern right now for investors and says that it is unavoidable given economic conditions, the massive government stimulus around the globe and more, but he doesn't think that inflation will derail the stock market because there will be strong economic growth for at least six months that will keep markets rolling. Also on the show, Tom Lydon of ETFTrends.com looks at net lease real estate inv...
JOHCM's Caputo: Prepare for inflation now, before it's too late
April 07, 2021 12:19 - 59 minutes - 55.1 MBGiorgio Caputo, head of multi-asset strategies for J.O. Hambro Capital Management, doesn't expect a huge jump in inflation, but he warns that anyone waiting for proof-positive of inflation, there's a good chance that their bonds will be underwater before they decide how to react. Thus, it is time today to create resilient portfolios that can manage through the risk, which he says means rotating to areas of the market that can benefit from a rising-rate and rising-inflation environment. Also ...
Cresset's Ablin: Expect a lumpy recovery, mostly led by the U.S.
April 06, 2021 13:29 - 58 minutes - 54.2 MBJack Ablin, chief investment officer at Cresset Capital Management, says investors should expect big economic growth numbers in the second and third quarters -- fueled by the release of pent-up demand plus inflation pressures -- but notes that nominal GDP growth of roughly 10 percent in those quarters will be in the United States and not around the world, leading to what he called a 'lumpy recovery,' mostly driven by the domestic action. In the Market Call, Manny Weintraub of Spears Abacus t...
Ibbotson: Trim your long-term market expectations by 20 percent
April 05, 2021 11:00 - 1 hour - 55.8 MBLegendary stock market observer Roger Ibbotson -- whose landmark research is the basis for most people believing that large-cap stocks deliver 10 percent per year -- has said for years now that investors should not expect the future to stand up to the past. The chairman of Zebra Capital Management says in The Big Interview that low interest rates and other conditions will make it that the market is more likely to deliver about 8 percent on average over the next quarter century, still good bu...
BMO's Kimball: 'Risk hasn't gone away' from the bond markets
April 02, 2021 11:46 - 1 hour - 55.5 MBScott Kimball, portfolio manager of the BMO TCH Core Plus Bond Fund, says that there are some warning signs that the fixed-income market could be headed for trouble, including negative repurchase agreement rates between banks, which if they last long enough turn into 'an anvil dangling over credit markets' heads' and could lead to severe consequences in a matter of months. Also on the show, Michael Naughton of Lord, Abbett discusses the benefits of taking liquidity risk as a means of increa...
Natixis' Janasiewicz: Rolling corrections for tech/growth are actually a positive
April 01, 2021 12:46 - 59 minutes - 55.2 MBJack Janasiewicz, portfolio strategist for Natixis Investment Managers, says that over the last three months you have seen a rolling correction in technology and growth stocks, which has also expanded into energy, and most recently into small-caps. All have had draw-downs of more than 10 percent, but he says that other sectors have held up the market and are a good sign that the market can keep pushing forward strongly from here. Also on the show, Tom Lydon of ETFTrends.com goes all the way ...
Michael Falk gives his steps for building a lifetime portfolio
March 31, 2021 12:21 - 58 minutes - 53.9 MBMichael Falk of Focus Consulting Group -- who joins Chuck every three months to discuss the market, investing and his personal battle with Lou Gehrig's Disease -- talks about how he would set up a portfolio that his family (and yours) could live with forever, discusses why the classic 60-40 portfolio will disappoint investors and much more in an extended Big Interview. Also on the show, Alan McKnight, chief investment officer at Regions Asset Management, gives his take on markets, interest r...
ICON's Callahan says market is 5 percent undervalued
March 30, 2021 11:47 - 58 minutes - 54 MBCraig Callahan, chief executive officer at ICON Advisers, says that the broad market is trading roughly five percent below its fair value, which is a good target for returns over the rest of the year. Callahan is excited by the earnings forecasts for 2021 and 2022, citing 'outrageous year-over-year growth rates' as a reason to believe there will be good value stocks to be had. Also on the show, David Keller, chief market strategist at StockCharts.com, says that 3700 is a 'line in the sand' f...
New Frontier's Michaud: The 60/40 portfolio still works, but differently
March 29, 2021 12:43 - 59 minutes - 54.9 MBRobert Michaud, chief investment officer at New Frontier Advisors, says that reports on the death of the classic 60 percent stocks/40 percent bonds portfolio are greatly exaggerated, although he notes that the types of stocks and bonds that make up each part of the allocation are changing to keep pace with lower-for-longer interest rates and the changing stock market picture. Also on the show, David Trainer of NewConstructs.com takes on another company that has been getting a lot of pre-IPO ...
New opportunities to like in sector rotation and economic expansion
March 26, 2021 11:37 - 1 hour - 56.4 MBKevin Mahn, president and chief investment officer at Hennion and Walsh, says that valuations are stretched and growth could be hard to find, but a new period of economic expansion coupled with a shift in market leadership -- with small caps and more coming to the fore -- will create new investment leaders for investors to pursue. He sees the rebound from coronavirus leading into a multi-year economic expansion. continuing for several years. Also on the show, Adam Grimes of MarketLife Tradin...
Bitcoin as 'digital gold,' and its role in an average portfolio
March 25, 2021 11:00 - 59 minutes - 54.7 MBTwo wide-ranging and very different Big Interviews both touch on bitcoin today with Giles Coghlan, chief currency analyst for HYCM, talking about how the skyrocketing price of bitcoin has impacted gold, how the cryptocurrency is increasingly viewed as a digital substitute for physical gold and the correlation between the two, especially with inflation on the horizon. Meanwhile, Scott Knapp, chief market strategist for CUNA Mutual Group, talks about how investors should be reacting to current...
'Value stocks are kind of like toilet paper... ' meaning, at times, really precious
March 24, 2021 12:24 - 1 hour - 56.2 MBNoted value manager Abhay Deshpande of Centerstone Investors actually compares value stocks to toilet paper, noting that you might not be thinking much about them when market growth is humming along, but at other times they become really precious. Right now, Deshpande says, there are plenty of good values to be found in the market, so long as you are mostly willing to avoid the technology stocks. Also on the show, Janice Quek of Left Brain Investment Research discusses Skillz Inc. as a high-...
Is there room in your portfolio for outer space?
March 23, 2021 13:10 - 1 hour - 55.4 MBAndrew Chanin of the Procure Space ETF -- ticker symbol UFO -- discusses how NASA's Perseverance mission to Mars has stoked interest in space as the next frontier in investing, and talks about how investors can keep their head in the stars but their feet on the ground when listening to fantastic stories of future potential. Also on the show, Jerremy Newsome of RealLife Trading talks technical analysis and says that he is loading up on some tech stocks that have been beaten up in the latest N...
Bond investor Fridson: Strong forces are working against inflation
March 22, 2021 13:16 - 59 minutes - 54.6 MBMartin Fridson, chief investment officer at Lehmann Livian Fridson Advisors says he expects the Federal Reserve will get inflation up to its target of 2 percent, but that investors shouldn't expect much more than that despite the inflationary impact of economic stimulus, because there isn't rising pressure on wages that would be necessary to take inflation to problematic levels. Fridson discussed where he is turning to for yield now. Also on the show, Matt Hougan of BitWise Investments answe...
Economist Schomer: The price we pay for stimulus-driven boom is long-term slowdown
March 19, 2021 11:58 - 59 minutes - 54.6 MBMarkus Schomer, chief economist at Pinebridge Investments, agrees with the many observers who expect a booming economy as the coronavirus pandemic comes to an end, but he says that once the stimulus stops what will be left is an economy that is less productive with a lower long-term sustainable growth rate. While he doesn't expect runaway inflation or dramatically higher interest rates, digesting the growth will lead to weaker equity markets down the line. Also on the show, John Miller, head...
NFCU's Frick sees economic growth on tap and inflation on hold
March 18, 2021 13:09 - 59 minutes - 55.1 MBRobert Frick, corporate economist at Navy Federal Credit Union, says the economy will deliver stellar economic growth but that the deep hole it is coming out of will make progress slow, which is actually good news in that it means the pandemic recovery should last longer. Frick believes that inflation worries currently are overblown, saying that so long as unemployment is high and wage growth is low, significant inflation will have a tough time finding a foothold. Also on the show, Tom Lydon...
Fidelity's Timmer: Rising inflation, interest rates are triggering market changes
March 17, 2021 12:30 - 59 minutes - 54.6 MBJurrien Timmer, director of global macro at Fidelity Investments, says the 'reign of large-cap growth stocks may actually be ending,' with a weaker dollar and the first signs of rising inflation and the potential for higher interest rates triggering a market rotation that will favor small-cap, value and non-U.S. stocks. He also discusses the need for investors to start adjusting to inflation now, rather than waiting for its full-blown onset which he thinks will happen after a burst of econom...
Author Davies: In free and open markets, frauds are inevitable
March 16, 2021 11:00 - 58 minutes - 54.2 MBDan Davies, author of 'Lying For Money: How Legendary Frauds Reveal the Workings of the World,' says that financial scams that revolve around trust thrive in the world's most open/free markets and are something of a necessary side-effect to commerce. Davies notes that if everyone avoided financial stories that 'sound too good to be true,' they would have missed out on success stories like Amazon.com even more often than avoiding the occasional scam. Also on the show, Brady Dougan of Exos Fin...
Zacks' Mian: 'The growth you'll see in the next few quarter is 'China-like'
March 15, 2021 13:35 - 59 minutes - 54.9 MBSheraz Mian, director of research at Zacks Investment Research says that the U.S. economy is likely to see economic growth more in line with emerging markets over the next few quarters, but he warns that much of that action has already been priced into the stock market, meaning the economic boom may not add much to the stock market rally. Also on the show, Jeffrey Ptak of Morningstar talks about research showing that -- at least for now -- past performance is showing that it can be somewhat ...
An overvalued market, a looming bond bubble, a 'broken' market index and more
March 12, 2021 12:33 - 58 minutes - 53.7 MBDoug Ramsey, chief investment officer at The Leuthold Group, says the stock market's current valuations remind him of 20 years ago, when the stock market was peaking as the Internet bubble market burst; he also says that the bond market is creating a bubble, but that the impact of the stock bubble will be greater when it bursts, which he thinks will occur late in or after the economic recovery from coronavirus. Meanwhile, Zach Jonson, chief investment officer at Stack Financial Management, s...
Thornburg's Brady: Expect a booming economy but a whimpering stock market
March 11, 2021 13:09 - 59 minutes - 55 MBJason Brady, chief executive officer at Thornburg Investment Management, says that the economy is poised for strong growth, but that high stock valuations and continued volatility will create a divergence between the economy and market that reverses the trend of 2020, when stocks grew fast while the economy sputtered. He suggests rebalancing portfolios because the 'trends that were in place for the last 12 months or so will be in place for the next 12.' Also on the show, Tom Lydon of ETFTre...
Bond manager Doty says investors must wake up to inflation
March 10, 2021 13:43 - 59 minutes - 54.3 MBBryce Doty, senior portfolio manager at Sit Investment Associates and manager of a short-duration bond ETF, says that we're about to see 'the most synchronized global rebound in history for the economy,' noting that 'what comes with that is inflation' that most bond investors are not preparing for. Doty adds that while investors should be following a consistent long-term plan, they should leave some flexibility to pursue investments that are riding a current market wave, which currently mean...
3Edge's Folts: Markets are 'as overvalued now as they ever have been'
March 09, 2021 13:05 - 58 minutes - 54 MBFritz Folts, chief investment strategist at 3EDGE Asset Management, says while there are many reasons to be confident in the stock market, he worries that the plusses already have been priced in to current levels, especially because he thinks the market at current levels is significantly overvalued and that interest rates would have to stay as low as they are now for the next decade for prices to be considered fairly valued. Jeffrey Hirsch of the Stock Trader's Almanac agrees that the stock ...
Morningstar's Caldwell: Expect booming economic growth in the return to normal
March 08, 2021 12:00 - 59 minutes - 54.4 MBPreston Caldwell, senior equity analyst and head of U.S. economics at Morningstar Inc., says that coming out of the pandemic he expects gross domestic product (GDP) to hit 5.3 percent this year, to remain above 4 percent in 2022 but to decline to pre-pandemic -- and slowing -- levels of 2.2 percent by 2023, a burst that will propel the economy but that is not too long-lasting. In a second Big Interview, Matt Hougan, chief investment officer at Bitwise Investments, talks about the state of cr...
Samana says equity movement plus low rates are making for solid technical trends
March 05, 2021 12:00 - 1 hour - 55.8 MBSameer Samana, senior global market strategist for the Wells Fargo Investment Institute, says that the technical outlook for the market is good, and likely to stay that way with low rates and a long upward equity trend. He noted that investors are being selective right now, looking for the biggest returns in areas that can stand out from the pack in current times, which is why gold has suffered in recent weeks despite conditions that should be positive for precious metals. Also on the show, ...
Inflation is creeping up, but that's not the reason to buy gold now
March 04, 2021 13:18 - 59 minutes - 54.5 MBGeorge Milling-Stanley, chief gold strategist at State Street Global Advisors, says that the recent blip in inflation isn't enough to send gold much higher soon, though it should have reminded investors of the precious metal's value as a hedge against inflation. He thinks that will be more valuable going forward, but said that there's still plenty of reasons to have a gold position and to expect it to perform now, despite a recent drop in gold's price. Also on the show: Tendayi Kapfidze, chi...
Brusuelas sees generational growth ahead for the economy
March 03, 2021 14:30 - 59 minutes - 54.8 MBJoseph Brusuelas, chief economist for RSM, says the economy will boom in the next year or two in ways 'you haven't seen since the late Reagan Administration.' But even though the economy will fire on all cylinders, he says it will not return to the pre-pandemic status quo, with 'permanent economic scarring' in some sectors and in employment that could last for many years. Also on the show, Patrick O'Hare, chief market analyst for Briefing.com, says that he expects the stock market to be on s...