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
Nuveen's Nick: Economy and market will re-align, and returns will be muted
December 15, 2020 14:19 - 58 minutes - 54 MBBrian Nick, chief investment strategist at Nuveen, says that the disconnect between the stock market and the economy -- what the market running ahead as the economy sifts through pandemic fallout -- will mend itself late next year or in 2022, and that the result will likely be somewhat muted returns for the stock market. Nick says the market should remain positive with pockets of volatility, but that returns are likely to be muted compared to the bounceback investors have seen in 2020. Also ...
Osterweis' Vataru: Yields aren't shooting higher
December 14, 2020 13:00 - 1 hour - 55.7 MBEddy Vataru, portfolio manager for the Osterweis Total Return fund, says that he does not see income-oriented investors getting much help on the yield front in 2020.With that in mind, he explains that investors may want to look at the mortgage market, which he suggested can be a great substitute for Treasuries, generating more yield with less risk. Also on the show, David Trainer of New Constructs discusses some stocks that investors love for the wrong reason but that fiduciaries -- financia...
Osterweis' Vataru: Yields aren't going higher
December 14, 2020 13:00 - 1 hour - 55.7 MBEddy Vataru, portfolio manager for the Osterweis Total Return fund, says that he does not see income-oriented investors getting much help on the yield front in 2020.With that in mind, he explains that investors may want to look at the mortgage market, which he suggested can be a great substitute for Treasuries, generating more yield with less risk. Also on the show, David Trainer of New Constructs discusses some stocks that investors love for the wrong reason but that fiduciaries -- financia...
Causeway's Nguyen says health-care stocks will get a boost bigger than vaccine
December 11, 2020 13:42 - 1 hour - 58.5 MBSteve Nguyen, portfolio manager at Causeway Capital Management, says that the development of coronavirus vaccines will have short-term and limited impact on health-care and pharmaceutical stocks, but that the change in administrations and the advent of new technologies will have a much more long-lasting and positive effect on the sector. Also on the show, James Clark of Nuveen Asset Management talks about real assets and infrastructure investments, Jill Gonzalez of WalletHub.com discusses a ...
ICMA's Wicker says 2021 will be 'a surprisingly good year'
December 10, 2020 13:26 - 58 minutes - 54.2 MBWayne Wicker, chief investment officer at ICMA Retirement Corp. and Vantagepoint Investment Advisors, says that 2020 should have taught investors the benefits of focusing on the long-term, where the results matter more than the day-to-day journey, and he stressed that 2021 will be a year in which diversification is helpful -- because the market will find different sources of leadership as it recovers from the pandemic -- to go along with what ultimately will be 'surprisingly good' results. A...
ICMA-RC’s Wicker says 2021 will be 'a surprisingly good year'
December 10, 2020 13:26 - 58 minutes - 54.2 MBWayne Wicker, chief investment officer at ICMA Retirement Corp. and Vantagepoint Investment Advisors, says that 2020 should have taught investors the benefits of focusing on the long-term, where the results matter more than the day-to-day journey, and he stressed that 2021 will be a year in which diversification is helpful -- because the market will find different sources of leadership as it recovers from the pandemic -- to go along with what ultimately will be 'surprisingly good' results. A...
Rob Arnott sees major US index flat for the next decade
December 09, 2020 13:18 - 1 hour - 56.8 MBRob Arnott, founding chairman of Research Affiliates, says that domestic stocks are priced to deliver a 'terrible performance' for the 2020s, although investors who invest heavily into international and emerging markets will mitigate the domestic stock situation and show strong overall portfolio results. Also on teh show, Ben Johnson, director of global ETF Research at Morningstar talks ETFs in the Market Call and Janice Quek of Left Brain Investment Research checks in from Singapore to disc...
T. Rowe Price's Sharps expects a strong Covid rebound to power 2021
December 08, 2020 13:30 - 58 minutes - 53.8 MBRob Sharps, head of investments at T. Rowe Price, says that unfulfilled demand that has been building up throughout the pandemic will be unleashed when the coronavirus threat is diminished and it will fuel a major rebound in many of the stocks and sectors that have been beaten down this year. Sharps is optimistic that the market can push higher, though he warns that any recovery will be uneven and says that income investors will need to get creative to overcome low interest rates. Also on th...
IRA expert Slott has an unexpected tax tip for year-end 2020
December 07, 2020 12:46 - 59 minutes - 54.8 MBEd Slott, the founder of IRAhelp.com, says that while retirement savers do not have to take 'required minimum distributions' this year -- a move made as part of the government's Covid-19 relief package -- he believes many investors who don't need an RMD could benefit from pulling money this year, making the money taxable at a time when earnings may be down as a result of the pandemic. He also discusses other year-end steps and why -- this year more than most -- key tax-reduction strategies a...
Chautauqua's Beitner: Optimism is excessive relative to long-term impacts from pandemic
December 04, 2020 13:09 - 59 minutes - 54.5 MBBrian Beitner of Chautauqua Capital Management says that investors are risk-on right now -- despite a market and global economy that could have trouble shaking off the impacts of coronavirus -- at a time when they likely should be risk-off, meaning more conservative and fearful of a downturn. Also on the show, John Cole Scott of Closed-End Fund Advisors and the Active Investment Company Alliance answers audience questions and discusses how big discounts don't actually make closed-end funds ...
Two great money minds agree that forecasts aren't worth listening to
December 03, 2020 12:46 - 59 minutes - 54.6 MBBarry Ritholtz of Ritholtz Wealth Management -- one of the nation's leading financial planners -- and Axel Merk of the Merk Funds agree that forecasts tend to be misleading, meaningless, overplayed but mostly wrong. In separate interviews, they talk about why they're not in favor of making predictions, but then cover wide stretches of ground, with Merk discussing the market for equities, gold and more, while Ritholtz discusses the importance of being able to ride out the trouble spots and th...
US Global's Holmes sees reasons for optimism ahead
December 02, 2020 13:16 - 59 minutes - 54.3 MBFrank Holmes, chief executive at US Global Investors, says that key indicators suggest that central banks will keep priming the pump for the global stock market well into 2021 and beyond, and that most current trouble signs will simply turn into short-term dips that represent good buying opportunities as the market and economy emerge from the coronavirus pandemic. Also on the show, Noland Langford from Left Brain investment Research goes to an unlikely place -- the shopping mall -- to find t...
Technical analyst says this 'Buy every pull-back market' is here to stay
December 01, 2020 13:16 - 58 minutes - 54 MBD.R. Barton Jr., editor of Straight-Up Profits, says that investors have so much money currently on the sidelines that when they start to put the money to work, it will force the market higher no matter the other market conditions, which is why he will be 'buying hand over fist' every market dip for the foreseeable future. Barton particularly likes cyclical stocks right now, but also likes the undervalued industrial companies and says that financials represent his favorite beaten-down sector...
New Constructs's Trainer; Tesla still headed for trouble as it enters major index
November 30, 2020 12:00 - 1 hour - 55.5 MBDavid Trainer of New Constructs has railed against Tesla Corp, in the past, putting the company and its stock in the Danger Zone on multiple occasions. He revisits the stock now, as it is entering the Standard and Poor's 500 Index, noting that status won't keep the company flying at its current too-high levels forever. He believe the economic value of the company is less than 10 percent of its current price. Also on the show, Ted Rossman of CreditCards.com discusses the site's latest survey ...
How closed-end funds can solve your low yield problems
November 27, 2020 13:54 - 58 minutes - 54 MBJonathan Browne, director of closed-end fund research at Robinson Capital, discusses the yield challenges facing investors today, when low interest rates have challenged the traditional 60-40 portfolio and when bonds have performed in lock-step with the stock market. He talks about how closed-end funds offer an 'alternative light' solution to some of those issues. Also on the show, Jill Gonzalez of WalletHub.com discusses the site's new survey on how the coronavirus is re-shaping holiday sho...
Left Brain's Hines: '5G' fuels growth far beyond the stay-at-home tech stocks
November 25, 2020 14:02 - 59 minutes - 55.2 MBMark Hines, managing director at Left Brain Investment Research, says that the 5G evolution is fueling growth among major players -- notably Nvidia -- that is going to continue even when the pandemic ends and the stocks that have benefitted from providing improved stay-at-home technology have seen the big wave settle down. Also on the show, Tom Lydon of ETFTrends.com makes an ESG fund his ETF of the Week, Lauren Kaminsky of EZ Pawn Corp. discusses the pawn business -- the world's oldest form...
LPL's Detrick: Bet on 'new bull market,' with stocks delivering double digits in 2021
November 24, 2020 12:53 - 59 minutes - 54.3 MBRyan Detrick, chief market strategist at LPL Financial, says that economic surprises over the last six months have built up 'animal spirits' for the market to push higher, and that once vaccines help to diminish the impact of the coronavirus pandemic that the stock market is headed higher for a long time, delivering low double-digit returns next year. Opening the show talking technical analysis, Jeff Bishop of RagingBull.com talks about why he thinks Santa Claus will be coming to the market ...
Oakmark's McGregor: You can't -- and won't -- generate income like you used to
November 23, 2020 12:50 - 59 minutes - 54.6 MBClyde McGregor, who recently celebrated his 25th anniversary at the helm of the Oakmark Equity and Income Fund, says that fixed income simply will not deliver the kinds of income investors have traditionally sought and expected, so investors have to change expectations and strategies to generate more yield. Also on the show, Munish Malhotra of Cambiar Investors notes that 'Cheap is not value,' David Trainer puts an upcoming IPO in the Danger Zone and Francesca Ortegren of Clever Real Estate ...
Nobel Prize winner says virus shutdown isn't ramping up 'deaths of despair'
November 20, 2020 13:54 - 59 minutes - 54.4 MBSir Angus Deaton, winner of the Nobel Prize for Economics for his groundbreaking work on 'deaths of despair' says that statistics don't support the critics of coronavirus shutdowns, who suggest that economic woes will lead to increased suicides among displaced workers and business owners. In a wide-ranging interview, Deaton discusses the economic impacts of the virus and more. Also on the show, Rob Shaker of Shaker Financial says that the tax-loss selling season for closed-end funds should b...
David Brady: 'It's difficult to sell a great company and be right on a 10-year basis'
November 19, 2020 13:39 - 59 minutes - 54.3 MBDavid Brady of Brady Investment Counsel talks in the Market Call about the importance of making good buys with the right long-term prospects because the ideal investment behavior would be to hang onto those stocks for years; selling has a way of not working out so well, Brady notes. In the Big Interview, Alan Gayle of Via Nova Investment Management discusses the market and the economy, noting that the new normal society is moving towards for after the pandemic 'will be business as usual, don...
Four looming global crises to solve, and none are coronavirus
November 18, 2020 12:51 - 58 minutes - 54.1 MBBlair Sheppard, author of 'Ten Years to Midnight: Four Urgent Global Crises and Their Strategic Solutions," discusses current situations that threaten orderly governments, economic systems and more in the United States and around the globe and talks about the steps that can be taken to avoid a dark future. Also on the show, Freddy Garcia of Left Brain Wealth management discusses how the election did -- or didn't -- change the outlook on growth stocks the firm liked before the voting, and sug...
Debt.com's Dvorkin: Consumers may defy their own expectations for lower spending
November 17, 2020 13:25 - 59 minutes - 54.4 MBHoward Dvorkin of Debt.com discusses his site's study of 1,200 adults, of whom six in 10 expect to spend less this holiday season, even though that cutback is not caused mostly as a result of the pandemic, but rather is because of the muted emotions of the socially dstanced holiday. Dvorkin says that every year the surveys show that consumers enter the holiday season with good intentions of spending less, and they never wind up holding to those spending goals once they actually get to shoppi...
QCI's Shill: Airbags on the portfolio, with an eye on 'opening up' stocks
November 16, 2020 12:37 - 59 minutes - 54.7 MBEd Shill, portfolio manager for the QCI Balanced Fund says in today's Market Call that he is feeling defensive about the market now, putting airbags on portfolios with more cash to insulate against a market he describes as overbought. He is looking into stocks that have been underbought, the names that have been suffering during the pandemic but that stand to benefit as the economy finally moves through the illness and starts to reopen more fully; that means airlines, travel companies and mu...
Utility specialist Conrad expects to see a 'value recovery' amid an improving market
November 13, 2020 12:42 - 59 minutes - 54.7 MBRoger Conrad, editor of Conrad's Utility Investor, says in the Market Call that while the stock market bounced back from its late winter freefall, some groups -- including utilities -- were left behind in the recovery. He expects them to play some catch-up and to be a reason why the market drives higher, especially in 2021 as there is a more clear resolution to the pandemic. Also on the show, Robert Bush, director of closed-end funds for Calamos Investments, discusses discounts, convertible ...
Despite FAANG hot streak, McKee says midcap stocks are poised to lead recovery
November 12, 2020 14:10 - 59 minutes - 54.4 MBStephen McKee, editor at the No-Load Mutual Fund Selections and Timing newsletter, says that a mix of investment styles are in his methodology's top ranks, which means that the market's advance is broad-based, and 'things are in-gear for the upside.' poised for more. He says all cap sizes in domestic and international categories are clicking now, and should continue. There's also a lot of bond talk on today's show, with Tom Lydon of ETFTrends.com making a high-yield issue his 'ETF of the Wee...
Why junk bonds may outperform stocks for a while
November 11, 2020 13:29 - 59 minutes - 54.9 MBBond-fund manager Bruce Monrad, chairman of the Northeast Investors Trust, discusses the way that investors may want to look at junk bonds as a way to boost a portfolio's equity returns while reducing volatility, especially in these low-rate and low-yield times. Monrad notes that high-yield bonds often edge the stock market during troubled times, and explains why the recovery from the pandemic might be a period to expect that. Also on the show, Brian Dress of Left Brain Investment Research d...
Payden's Cleveland: Economy will be back to pre-Covid output levels by mid-'21
November 10, 2020 14:07 - 58 minutes - 54 MBJeffrey Cleveland, chief economist at Payden and Rygel, says the economy is recovering faster than most people expected, and that it will pick up steam next year as the services sector catches up a bit to the goods and products businesses, which have already gotten back to pre-pandemic levels. Cleveland expects a vaccine and growing economy to buoy the stock market. In the Market Call, Daniel Kern of TFC Financial Management talks funds and ETFs, and Chuck starts things off discussing how in...
Tom McIntyre: With the news being decipherable, the market will hibernate
November 09, 2020 13:37 - 59 minutes - 54.7 MBTom McIntyre of McIntyre, Freedman and Flyn says in the Market Call that the wild swings in headlines running from the tumultuous election through the pandemic and the twists and turns of the economy have left investors with few signals to read. He sees the market hibernating while investors try to figure out how to decipher signals, and expects a slow fourth quarter and start to 2021, and he suggests holding more cash than normal while waiting for it to play out. In the Big Interview, Kirk ...
Brian Frank: Tech stocks are acting like it's 1999, but values are scarce
November 06, 2020 12:45 - 59 minutes - 54.3 MBBrian Frank of the Frank Value Fund, an absolute-value manager, says in the Market Call that the rising tide of the market has not been lifting all boats, but rather has been lifting the top technology like it's 1999. That makes it hard to find good values, but Frank discusses a few and some of the surprising industries he is finding them in right now. Also on the show, Rick Redding of the Index Industry Association discusses the ongoing explosion in the creation if indexes and how that impa...
Post-election, Sierra's Spath likes emerging markets and muni bonds
November 05, 2020 13:04 - 59 minutes - 54.6 MBTerri Spath, chief investment officer at the Sierra Mutual Funds, says that muni bonds, high-yield corporate bonds and emerging market stocks -- all of which were becoming a strong play leading up to the election -- are in a sweet spot after the voting, and noted that are mostly under-represented in investors' portfolios, which should make them particularly interesting now. Also on the show, Tom Lydon of ETFTrends.com looks to emerging markets -- and specifically China -- for the ETF of the ...
Incline's Miller suggests investing like we're still in recession (because we are)
November 04, 2020 12:52 - 59 minutes - 54.3 MBJeffrey Miller, portfolio manager at Incline Investment Advisors, says in the Money Life Market Call that the current economic recovery has been 'overstated,' leaving a division between the stocks that work now and those that will be good to own after the recession. That recession, however, is something that Miller believes we have not emerged from, that it's the same downturn that started before the pandemic hit, triggering the market's fall in February and March. He expects a bounce-back f...
Talon's Grimes don't get caught on the wrong side of market momentum
November 03, 2020 12:00 - 58 minutes - 54 MBAdam Grimes, president of Talon Advisors, expects the market to find conviction and direction after the election, whether it takes a turn for the dark with strong selling -- a week or two with no snap back that could trigger a bear market -- or moves back to record highs and holds those peaks to start a new run up. Whichever way the market goes, Grimes says investors need to avoid being on the wrong side of the new momentum, buying a dip that turns into something bigger or taking profits but...
New Constructs identifies 5 troubled stocks that election results can't help
November 02, 2020 12:30 - 58 minutes - 54 MBDavid Trainer, president of New Constructs, says Wayfair, Carvana, Beyond Meat, Dropbox and Spotify Technology all qualify as popular stocks -- despite being saddled by what the Nashville-based firm describes as 'misleading earnings' -- that are headed for trouble, and that they will hit that rough patch soon no matter who wins the White House in Tuesday's election or how they change economic policies moving forward. Also on the show, Giorgio Caputo of J.O. Hambro Capital Management discusse...
Schwab's Kleintop: Difficult ascent, but expect broad recovery late in '21
October 30, 2020 13:14 - 59 minutes - 54.5 MBJeffrey Kleintop, chief global investment strategist at Charles Schwab, says that the market and economy are likely to slog through the election, the rest of the pandemic and the continuing recovery, but will come out positioned for a broad recovery late next year. Also on the show, John Cole Scott of the Active Investment Company Alliance answers audience questions about investing in closed-end funds, Toni Turner of TrendStar Trading Group discusses the current market fight -- visible in th...
Economist Gruenwald: 'Despite flashy growth numbers, we're still in a hole'
October 29, 2020 11:18 - 59 minutes - 54.6 MBPaul Gruenwald, chief economist at SP Global Ratings, expects to see impressive growth numbers, but he doesn't find them exciting because the economy still has a significant hole to climb out of, and that the resurgent virus, trouble with stimulus and more are standing in the way of what should be a more-exciting recovery over the next few years. In another interview on the show, Esty Dwek, head of global market strategy for Natixis Investment Managers, agrees with a number of Gruenwald's po...
It's 'Game On' for earnings season; high times for Left Brain Thinking
October 28, 2020 13:03 - 58 minutes - 53.4 MBBrian Dress of Left Brain Investment Research says that earnings season is 'the Super Bowl and Olympics all rolled into one,' and with four of the FAANG stocks reporting on Thursday, he discusses in this week's Left Brain Thinking segment how to use earnings reports, transcripts and more to identify opportunities in stocks and bonds. Also on the show, author Roger Martin discusses his book, 'When More is Not Better: Overcoming America's Obsession with Economic Efficiency,' Matt Schulz of Com...
Technician Newton sees tech and market troubles through year's end
October 27, 2020 12:49 - 58 minutes - 53.9 MBMark Newton of Newton Advisors says that he expects the year to play out like 2018, when the stock market peaked in October and then suffered through the end of the year. Newton says that if the Standard and Poor's 500 breaks through 3,380 -- a level it nearly hit on Monday -- investors could be in for a slippery slope through December, a decline exacerbated by struggles among technology stocks and broader pressures facing popular stocks. Also on the show, Brian Estes of Off The Chain Capita...
Allianz's Mahajan: Big companies -- and market -- can profit amid small-biz pain
October 26, 2020 12:30 - 58 minutes - 54.3 MBMona Mahajan, US investment strategist at Allianz Global Investors,says that while investors sense the disconnect between the market and economy, the stock market has been driven by a few giant businesses that have done well, even as the small-business community has suffered through the pandemic. Mahajan believes investors have a good opportunity now to position themselves for the rally that she thinks will be driven next year by improving economic data. Also on the show, Holly Ward discusse...
Smart Portfolio's Welsh expects volatility, a big decline, a bounceback and ...
October 23, 2020 11:37 - 59 minutes - 54.3 MBJim Welsh of Smart Portfolios says that he expects the market to correct to where the Standard and Poor's 500 index down as low as 3,000 before a rally in the first two months of 2021 -- largely the result of the government's next stimulus package -- possibly bringing the index back to 4,000. At that point, however, Welsh is worried that the bull market could run out of steam, vulnerable to a 'much bigger correction' as the coronavirus problem drags on. Also on the show, Bryce Rowe of Natio...
Northwestern Mutual's Schutte: The market and economy aren't disconnected now
October 22, 2020 13:14 - 59 minutes - 54.4 MBBrent Schutte of Northwestern Mutual Wealth Management says that the market and the economy are not as disjointed and disconnected as they seem at first blush, noting that the pandemic created an 'economic valley' that has mostly been filled by adaptive companies, federal policies, science pursuing vaccines and more. That has created a situation where Schutte believes the market can continue to performa and the economy can grow even with the virus problem unresolved. Also on the show, Tom Ly...
Meb Faber on lions, sharks, mosquitos and investors
October 21, 2020 11:56 - 58 minutes - 53.9 MBFinancial author, blogger and podcaster Meb Faber, chief investment officer at the Cambria Funds, says in a wide-ranging interview that investors need to stay focused on the process -- costs, fees and asset allocation -- and ignore 2020's constant noise. He discusses the ways that people fear lions and sharks but that it's creatures you aren't scared of -- like mosquitos and other people -- that actually cause the most deaths; likewise, investors focus on the news and not the boring stuff th...
Crossmark's Fernandez: 'Whatever happens in the market will be Covid-driven'
October 20, 2020 11:38 - 58 minutes - 54.3 MBVictoria Fernandez, chief market strategist for Crossmark Global Investments, says that while we might expect the market to react to the election and to fundamentals, the foreseeable future of the market will be driven by what happens with Covid-19 and the way the pandemic plays out. She expects the market to jump back clearly once we get through the pandemic and see a reduction in cases and the beginning to the end of a pandemic. Also on the show, long-term trader Michael Sincere says he th...
Two sides to commercial real estate, four trends in transformational change
October 19, 2020 12:26 - 57 minutes - 52.9 MBAlexi Panagiotakopoulos, chief investment officer at Fundamental Income, discusses the bifurcated situation in commercial real estate -- where properties for shopping malls and other uses seem to be headed for extinction while support properties like gas stations and drive-thrus is exploding -- stemming from the coronavirus pandemic, while Scott Helfstein, executive director of thematic investing for ProShares, talks about how the pandemic has created transformational change that will make f...
David Tepper: Closed-end funds remain an investment bargain
October 16, 2020 12:39 - 59 minutes - 54.8 MBDavid Tepper of Tepper Capital Management in San Francisco explains why he uses closed-end funds almost exclusively in his client portfolios, noting that in today's market conditions there are plenty of opportunities to build a well-diversified portfolio at a discount, and adding that even long-term closed-end fund investors need to be prepared to take advantage of times when discounts narrow suddenly, creating short-term chances for bigger-than-expected gains.
Lydon of ETFTrends.com: Let the sun shine into your portfolio
October 15, 2020 13:00 - 58 minutes - 54.1 MBTom Lydon of ETFTrends.com says that while the election could influence the sector, alternative energy companies are worth watching for now, and buying when the time is right. Lydon noted that a Joe Biden win in November could help solar-energy stocks, while a Donald Trump victory might hurt it, but the Invesco Solar ETF -- his ETF of the Week -- is so far above its 200-day average that investors should wait for a pullback to consider buying,but long-term should consider making solar a portf...
Dana Telsey: The big changes have all happened, and retail's not dead
October 14, 2020 12:03 - 58 minutes - 54 MBRetail specialist Dana Telsey of the Telsey Advisory Group says that the pandemic accelerated all of the big changes that were facing retailers and accelerated them, and while the result has been bankruptcies, consolidations and more -- and we won't be out of the woods until there's a stimulus package that boosts consumers -- there also are clear signs of how retail will survive and how the future for stores, malls and Internet offerings will look different. In another Big Interview, Lindsey...
Chase Investment's Klintworth says the technicals are pointing up for the market
October 13, 2020 11:31 - 57 minutes - 52.7 MBBuck Klintworth, portfolio manager at Chase Investment Counsel, says that technicals show that the market's early October rise is no fluke and should have the ability to keep going, though if it moves the Standard and Poor's 500 Index to 3,600 it will have reached his expected level for year-end and will likely chop around and be volatile but mostly sideways into 2021. Also on the show, Kathy Bostjancic of Oxford Economics USA gives her take on how the economy can recover from the pandemic a...
Savers think they need more than ever to retire comfortably
October 12, 2020 12:50 - 58 minutes - 54.3 MBA new survey of 401(k) participants done by Charles Schwab and Co. shows that baby boomers now believe they need a $1.6 million nestegg to retire comfortably, with millennials saying they must amass $2 million. Catherine Golladay of Schwab joins Chuck to discuss how and why retirement savers think reaching their goals is harder and requires more money. Also on the show, Doug Nordman discusses his new book, 'Raising Your Money-Savvy Family for Next Generation Financial Independence,' David Ta...
A chartist, fundamentals guy and a quant come onto a show ... and all like the market now
October 09, 2020 12:34 - 58 minutes - 53.9 MBFour very different experts join Chuck on today's show, and while they each maintain a different investment approach, they all agree that they like the looks of the market right now and they expect things to improve with the resolution of the election. Dan Zanger of ChartPattern.com talks technical analysis and notes that he is nearly fully invested, Ron Sanchez of Fiduciary Trust Co. International examines the fundamentals and notes that he is constructive over the long haul, and expects th...
Ned Davis' Clissold: Cyclical bull market should run into early 2021
October 08, 2020 11:03 - 59 minutes - 54.5 MBEd Clissold, chief US strategist for Ned Davis Research, says that the market has a good chance of 'getting pretty deep into 2021' in a bull market, but that to get there stocks must first get past the uncertainty of the election and the pandemic; he notes that once the market feels good about calling a winner in the presidential election, it is likely to get a boost regardless of which candidate earns the consensus, if only because knowing the outcome provides more solid footing that wonder...