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
Regions, Invesco strategists maintain positive market outlooks amid troubles
March 06, 2020 11:35 - 1 hour - 48.9 MBBrandon Thurber, director of the investment research group at Regions Asset Management says that current market events haven't changed his long-term market outlook, because the economic effects of coronavirus are likely to be transitory. He expects a rollercoaster market at least until election day. Likewise, Kristina Hooper, chief global market strategist for Invesco, believes the market's turbulence and the downward pressure exerted by current events, are short-term in nature, saying that ...
Bear Traps Report's McDonald: US markets set to struggle this year and beyond
March 05, 2020 14:11 - 1 hour - 48.4 MBLawrence McDonald, creator of The Bear Traps Report, says that the global economy and business environment are poised to see trillions of dollars leave the United States in favor of international investments in the next two years, a trend that will mute the domestic stock market and make it hard to keep pushing forward. Still, McDonald sees the domestic market rebounding, so that any down action caused by the changing business climate will prove a buying opportunity long-term. Also on the sh...
HighTower's Shaffer: Focus on personal progress rather than market movement
March 04, 2020 11:59 - 1 hour - 50.8 MBRoger Shaffer of HighTower Advisors, says that individual investors planning their way through the current market turmoil need to focus on process and their ultimate goals rather than on the market's trends, reviewing their risk tolerance and their phase in the financial cycle to make decisions that focus on personal circumstances rather than the market. Also on the show, Dr. Ted Klontz of the Financial Psychology Institute discusses how he believes investors should change some of their savi...
Hirsch says market signs - not viral epidemic - will drive market from here
March 03, 2020 11:38 - 1 hour - 48.8 MBJeffrey Hirsch of Stock Trader's Almanac said that while investors are focused on the coronavirus troubles and the election year, he believes the market showed its cards when it scored badly on the 'January Barometer' and other technical measures, signalling that it is likely to be flat and volatile for most of the year. Hirsch also discusses how and how long epidemics of the past have affected the market. Also on the show, author Mike Jaccarino discusses 'America's Last Newspaper War,' Nath...
SLC's Mullarkey: This downturn could have a second or third waves
March 02, 2020 11:33 - 59 minutes - 48.3 MBDec Mullarkey, head of investment strategy at SLC Investments, said the market's action last week represented a 'fairly orderly repricing of risk' in the market, even though the headlines make it seem more dramatic than that. Mullarkey said he expects there to be at least a 'second leg' to the downturn and noted that he'd be patient waiting for more economic data and to see the spread of the coronavirus before he believes any rally represents a real change of direction. Also on the show, Gr...
Oakmark's Nygren: Stay calm, stay invested, no matter the crisis or the headlines
February 28, 2020 13:31 - 1 hour - 49.3 MBBill Nygren, manager of the Oakmark Fund, notes that there is always some sort of crisis or problem that threatens the market, and that investors need to remember that their objective is a real-life financial goal and not winning some game of beating the market now, and he notes that there are compelling values -- even before the current downturn -- that long-term buyers should be considering now rather than focusing on the fallout from coronavirus and other short-term events. Also on the sh...
Jane Bryant Quinn talks 'financial pornography' and much more
February 27, 2020 13:43 - 59 minutes - 47.8 MBPersonal finance journalism legend Jane Bryant Quinn joins Chuck today for two interviews, the first focused on the reboot of her book 'How to Make Your Money Last,' the second about the state of the financial media and more. In 1995, Quinn labeled most personal finance journalism as 'financial pornography,' appealing to the worst characteristics of investors; the media world has changed dramatically, but her feelings for much of the information out there have not. Also on the show, Tom Lydo...
Michael Falk: How a money mind deals with a terminal diagnosis
February 26, 2020 13:58 - 1 hour - 50.2 MBMichael Falk of Focus Consulting Group returns to the show for a very personal discussion with Chuck -- a conversation they plan to revisit regularly -- about how he has dealt personally and financially with the diagnosis that he has ALS, or Lou Gehrig's Disease. They discuss what goes through the mind of a lifelong planner around money and finances, and the plans for Falk's future, however long it will be, in a unique Big Interview. Also on the show, Matthias Kuhlmey, head of development fo...
Gorilla Trades' Berman: 'This market still looks very good.'
February 25, 2020 12:22 - 58 minutes - 47 MBKen Berman, strategist at Gorilla Trades, said that despite a 1,000 point sell-off in the Dow Jones Industrial Average Monday, the market still looks good from a long-term perspective. He says long-term technicals remain bullish, and he is optimistic that the coronavirus scare could convince leaders in China and the U.S. to get down to serious trade negotiations faster than without the potential pandemic. Also on the show, Kristen Dillard of Quicken on why most New Year's resolutions are for...
Smead: Market has shifted to make energy stocks worth buying again
February 24, 2020 11:41 - 59 minutes - 48 MBWilliam Smead, manager of the Smead Value Fund, has been bearish on energy stocks and oil companies for years, but he says in the Market Call that the market has been shifting, which makes energy stocks worth buying. He notes that demographics showing that millennials will double their use of gasoline -- despite the increased acceptance of alternative-energy engines in cars -- and that recent troubles have improved valuations of big oil and energy to where they are worth buying. Likewise, he...
Some places can help you avoid living paycheck-to-paycheck
February 21, 2020 12:08 - 1 hour - 48.7 MBFrancesca Ortegren of Clever Real Estate discusses the cities and communities where individuals are most likely to live paycheck-to-paycheck and why those communities are so hard for making ends meet, and Chuck has to come to grips with the idea that one of his kids currently lives in the worst place in America for getting by. Also on the show, John Cole Scott of the Active Investment Company Alliance talks muni bonds and preferred stocks held in closed-end funds, author Jean O'Toole discuss...
Technicals and fundamentals both draw warnings for caution ahead
February 20, 2020 13:14 - 1 hour - 49 MBIn separate interviews, Matt Harris, head of the outsourced chief investment officer division at HighTower Advisors and Sheraz Mian, director of research at Zacks Investment reason, both urge investor caution in the near-term future, but for very different reasons. Harris, a technical analyst, notes the recent strength of the Standard and Poor's 500 index compared to its moving 200-day moving average -- the benchmark is 11.5 percent above the average, which has occurred less than two percent...
US Global's Holmes: Look for airlines, hotels and other industries after coronavirus scare
February 19, 2020 13:09 - 59 minutes - 47.8 MBFrank Holmes, chief investment officer at US Global Investors, says that airline stocks have been sold down as a result of the coronavirus epidemic, and he expects them to have 'a super surge' -- along with hotels and luxury goods companies -- when the crisis ends, which he thinks is just a quarter away. Holmes also discusses gold, blockchain and more in a wide-ranging Big Interview. Also on the show, Tom Lydon of ETFTrends.com puts the rare bad word in about a specialized fund that he thin...
Talon's Grimes: 'Business as usual for charts' with markets at record highs
February 18, 2020 12:02 - 59 minutes - 48.1 MBAdam Grimes of Talon Advisors has a bullish market outlook, noting that extraneous market events like coronavirus don't typically derail longer, larger market themes, and aren't going to overcome the current forces driving the market for the foreseeable future. Also on the show, financial adviser and author Michael Falk discusses how public discussions of entitlements and other big financial topics must change to avoid collapsing, Richard Barrington of MoneyRates.com on how much Americans ov...
Chatauqua's Beitner: 'Markets and global economy are more fragile than in recent years'
February 14, 2020 11:30 - 1 hour - 48.4 MBBrian Beitner, portfolio manager of Chautauqua International Growth and Chautauqua Global Growth, says that the market and the global economy are in a delicate condition, which raises fears of how an event like coronavirus could create a downturn. Beitner says he thinks the virus situation is transitory and that the market recognizes that it's not going to crash the market or create once-in-a-lifetime buying opportunities in China and emerging markets; he recommends finding stocks with 'dura...
ETF Trends' Lydon makes a tactical trend play on coronavirus
February 13, 2020 14:47 - 1 hour - 48.8 MBTom Lydon, editor of ETFTrends.com, said that investors looking for a trend play in a market dominated by headlines of and reactions to coronavirus might consider KraneShares MSCI All China Health Care Index, making a tactical play on a defensive emerging-markets sector that balances the fundamentals of China's enormous demographics with the reactions to the news. Lydon, in describing the fund, did suggest that investors only consider it as a trend-following type of investment, and suggested...
Investec's Power worries that the U.S. is 'the least dirty shirt in the laundry'
February 12, 2020 11:30 - 59 minutes - 47.6 MBMichael Power, strategist at Investec Asset Management, an international money manager, says that something doesn't look right with the American stock market back at record high levels and seemingly 'walking on air' despite the recent inversion of the yield curve and economic numbers that show slowing and increasing weakness. The U.S. market remains the world's strongest, Power said, but that difference is less pronounced, and valuations in other countries may make it so that international i...
PineBridge's Schomer: Market fundamentals don't matter right now
February 11, 2020 11:51 - 59 minutes - 48.1 MBMarkus Schomer, chief economist at PineBridge Investments, says he is pricing two rate cuts from the Federal Reserve into his forecasts, and note that so long as investors believe the Fed will come to their rescue and cut rates to pump up the economy, the market will keep going higher. Also on the show, Jeff Bishop of RagingBull.com says that market conditions make this a great time to be trading on dips, Ted Rossman of CreditCards.com discusses financial infidelity, and Jeff Mills of Bryn M...
New Constructs' Guske: Popular Transamerica fund headed for trouble
February 10, 2020 11:38 - 59 minutes - 48.3 MBKyle Guske, investment analyst at New Constructs, puts Transamerica Capital Growth Fund into the 'Danger Zone,' noting that the fund is buying the most high-risk, dangerous securities in its asset category. The Transamerica fund has been near the top of the charts in four of the last seven calendar years, but it also has been near the very bottom in the other three of those years; Guske said the holdings in the fund are part of the symptoms that lead to the feast-or-famine performance. Also ...
Yacktman: Values aren't easy to find, but they're out there
February 07, 2020 12:41 - 59 minutes - 47.8 MBStephen Yacktman, chief investment officer at the Yacktman Funds, says in the Market Call that while the value investment style has lagged growth in recent years, that does not mean investors haven't been able to generate reasonable relative returns that live up to appropriate expectations. He did note that managers may have to look further afield to find some of those bargains and values, and noted that he is looking abroad more now as pricing abroad is more likely to meet his criteria give...
Lydon: Volatile times may be right for unique ETF
February 06, 2020 13:40 - 1 hour - 48.8 MBIn the face of coronavirus, the election cycle and other volatility-generating events, Tom Lydon of ETFtrends.com made a hedge-like defensive ‘anti-market’ fund his pick for ‘ETF of the Week.’ Also on the show, author Richard Davies discusses ‘Extreme Economies,’ John Boroff of Fidelity talks about retirement preparedness, and Scott Klimo of Saturna Capital covers stocks in the Market Call.
HighTower's Hausberg: You won't make big money chasing after or running from the news
February 05, 2020 14:19 - 59 minutes - 48.2 MBJimmy Hausberg, managing partner at The Hausberg Group in Beverly Hills, Calif., said during Collective Wisdom from HighTower Advisors that headlines like the coronavirus outbreak or even news of the presidential cycle shouldn't be ignored, but he noted that investors should use those events as a chance to review their portfolio rather than trying to capture short-term profits in ways that can derail long-term strategy. Also on the show, Carl Kaufman of the Osterweis Strategic Income Fund gi...
Coronavirus added to market's tensions, and could make the bull market sick
February 04, 2020 11:40 - 1 hour - 49.2 MBTechnical analyst Michael Sincere explains that the coronavirus crisis may not be a market event, but it has unleashed danger signs and triggered a weakening of the stock market that could put an end to the long-running bull market. He was clear to avoid calling for a bear market, but he said he expects a significant increase in volatility and sideways market action which will make for a 'difficult market to navigate for most people.' Also on the show, Anastasia Nesvetailova, co-author of 'S...
Seven Canyons' Sam Stewart says valuations are at two extremes
February 03, 2020 11:39 - 59 minutes - 47.9 MBVeteran money manager Sam Stewart, partner at Seven Canyons Advisors, said that while the market is at record highs, valuations are bifurcated to where the popular names like the FANG stocks and many technology names are too expensive, but that other names have become attractive because they are growing at a time when the economy is slowing. Also on the show, John Kiernan of WalletHub.com talks about how many consumers fear maxing out credit cards, David Trainer of New Constructs pus another...
Veteran strategists agree on market, disagree on how to play it
January 31, 2020 12:38 - 58 minutes - 47.2 MBOn a day with two Big Interview segments with top-flight market strategists, listeners may get a sense that the stock market has gotten ahead of itself with a strong January and that the rest of the year is likely to be more frustrating, volatile and sideways. But Reed Murphy of Calamos Wealth Management suggests that investors who want to get more from the market will want to step up their international investments, while Jack Ablin of Cresset Capital Management is much less optimistic abo...
JOHCM's Caputo: Take advantage of air pockets like the 'Woo Flu Wobble'
January 30, 2020 13:49 - 58 minutes - 47.1 MBGiorgio Caputo, senior portfolio manager at J.O. Hambro, coins the term 'Woo Flu Wobble' to discuss this week's heightened volatility spurred by news about coronavirus. He expects the news to pass without damaging market prospects, but he notes that markets will remain volatile through the end of the year and cautions that 'This isn't your grandparents' volatility.' Also on the show, Tom Lydon of ETFTrends.com makes a hot fund that is part technology, part-commodity his 'ETF of the Week,' Je...
Crossmark's Fernandez: Volatility is coming, and investors wanted and expected it
January 29, 2020 12:45 - 1 hour - 48.5 MBVictoria Fernandez, chief market strategist at Crossmark Global Investments, says that investors were looking for reasons for the market to retreat, and found it this week in coronavirus, but could find it further in missed earnings or other headlines. Those perceived dangers may slow the market's uptrend, but they won't make market conditions move from benign to dangerous on the long term. Also on the show, Jake Falcon of HighTower Advisors warns of the dangers of being sucked into news-dri...
D.R. Barton Jr.: 'This could be a rocking week' for the stock market
January 28, 2020 11:40 - 58 minutes - 47.5 MBD.R. Barton Jr. of StraightUpProfits.com says that the market is likely to over-react this week to news about the corona virus and corporate earnings -- with nearly half of the Dow industrial stocks reporting earnings -- and he notes that the frothy should create a buying opportunity for investors, although they should be patient to let the downturn play out before buying in fully. That sentiment was seconded by J.J. Kinahan of T.D. Ameritrade, who notes in the Big Interview that most expert...
Kevin Mahn: Expect market to give you 9 percent, then go volatile and flat
January 27, 2020 11:00 - 58 minutes - 47.4 MBKevin Mahn of Hennion and Walsh said everything is in place for the stock market to have a good year in 2020, but that what looks good will feel very different than the 30+ percent gain of a year ago. Mahn said he expects the market to gain roughly 9 percent ni the first half of the year, before flattening out and offering volatility with little direction through the election and into 2021. Also on the show, Leonard Wright discusses the AICPA Personal Financial Satisfaction Index and how muc...
CUNA Mutual's Steve Rick uses 3 words to sum up the economy: 'Fan Tas Tic'
January 24, 2020 12:23 - 1 hour - 48.9 MBSteve Rick, chief economist at CUNA Mutual Group and an economics professor at the University of Wisconsin, talks about the current economy in glowing terms and says he sees strength continuing without interruption or a recession for the foreseeable future, noting that even as economic growth slows, he can see a strong rebound on the horizon for 2023. Thus, while there are potential storm clouds, he doesn't see them lasting for long if they hit home at all. Also on the show, Mitch Reiner of ...
Oxford Club's Lichtenfeld: In tough yield environment, sharpen your dividend strategy
January 23, 2020 15:40 - 59 minutes - 48.1 MBMarc Lichtenfeld, chief income strategist at The Oxford Club, says that investors searching for yield need to be careful about not chasing payouts into bad stocks and tough securities, and yet notes that tactical investors can find some values with reasonable payouts for the long term. Also on the show, Chuck answers an audience question about portfolio construction, Ted Rossman of CreditCards.com talks about what people are using their credit cards to buy, and Michael Ball of Weatherstone C...
Statman: Be good at shrugging, and don't worry much market direction
January 22, 2020 11:36 - 59 minutes - 47.9 MBBehavioral finance expert Meir Statman, a professor at Santa Clara University, said that investors have become smarter about investing -- and have settled for capturing market returns rather than trying to beat the market -- and that staying smart requires shrugging off whatever the market dishes up and letting 'doing nothing' be a solid strategy for not being poor and hopefully for reaching a goal of being rich. Also on the show, Morgen Henderson of Choice Mutual discusses how finances are ...
Vilas Capital's Thompson: Expect value to take big steps forward
January 21, 2020 11:39 - 59 minutes - 48 MBJohn Thompson, chief investment officer at Vilas Capital Management, said in the Market Call that he is expecting a huge reversion to the mean coming for value stocks, which is a big change because value 'has lagged the market almost every year since 2005.' Thompson said investors who have been patient with value stocks as they have lagged are likely to get paid off for their patience in the year ahead. Also on the show, Joe Keefe, head of the Pax World Funds talks about social investing in ...
Wall Street vet Chaikin: 'Final phase of a bull market is a period where you make a lot of money'
January 17, 2020 11:53 - 1 hour - 48.9 MBLong-time Wall Street observer Marc Chaikin of Chaikin Analytics says the stock market is entering what he calls 'blue-sky territory,' a point near the end of a bull market with no signs of recession on the horizon and no resistance to stop a run and make investors unhappy. While it won't last forever, Chaikin says investors can profit by shifting away from defensive stocks, noting that technology, health care and financials are the places to be this year. Also on the show, Jim Welsh of Smar...
Centerstone's Deshpande: 'The era of the 50 percent bear market is behind us'
January 16, 2020 13:35 - 59 minutes - 47.8 MBAbhay Deshpande, chief investment officer at Centerstone Investors, says that the market and economy are set up for Europe to provide better returns than America, but he notes that the conditions for a major decline in the U.S. don't exist. Moreover, economic advancements make it less likely that investors will see a shocking, massive downturn in the future. Also on the show, Tom Lydon of ETFTrends.com makes a unique energy fund his 'ETF of the Week,' Chris Gatz of CreditWise talks about the...
AAM's Colyer: It's a time to rotate toward value, energy stocks and commodities
January 15, 2020 12:32 - 59 minutes - 48.1 MBScott Colyer of Advisors Asset Management says that he would continue to avoid fighting with the Fed -- and with foreign central bankers -- which means he believes there will be plenty of opportunities for staying invested and growing a portfolio in 2020, although investors will want to take advantages of sector rotation that will see improved returns from value stocks, a bounce-back among energy companies and a 'generational opportunity' in commodities. Also on the show, Cory Bittner from H...
Chuck spars with Robert Kiyosaki over his latest book
January 14, 2020 11:54 - 1 hour - 48.4 MBThe best-selling personal-finance author of all time, Robert Kiyosaki of 'Rich Dad, Poor Dad' fame, visits Money Life to discuss his new book out today, 'Who Stole My Pension.' Kiyosaki discusses why he wouldn't invest in stocks, mutual funds or ETFs right now, though he never discloses what he would buy other than 'private investments.' Also on the show, two chats about technical analysis, first with Avi Gilburt of Elliott Wave Trader, who notes that the market is getting into a 'topping re...
Ritholtz talks the best and worst of today's financial world
January 13, 2020 11:39 - 59 minutes - 47.8 MBBarry Ritholtz, chairman of Ritholtz Wealth Management and author of The Big Picture blog makes his first visit to Money Life and talks about the things he likes and dislikes the most about personal finance and investing today, discusses the evolution of index funds and how that invites improper use of them, and his outlook on forecasting and which predictions are worth listening to. Also on the show, David Trainer of New Constructs revisits his Danger Zone picks frmo 2019 and talks about th...
Fundamental and technical forecasts, plus the follies of forecasting
January 10, 2020 14:11 - 59 minutes - 47.7 MBIt's a day of looking at expectations and then deconstructing them as Chuck chats with Deb Clarke, global head of investment research at Mercer, about the firm's 2020 outlook -- which includes slower growth globally, better opportunities worldwide than in America and more -- and discusses technical analysis with Martin Pring of Pring Research who sees signs suggesting that any troubles ahead in the near term will be buying and trading opportunities because real market troubles appear unlikel...
T. Rowe Price's Levenson: Expect slow growth early in '20, but no recession for at least a year
January 09, 2020 13:48 - 58 minutes - 46.9 MBAlan Levenson, chief U.S. economist at T. Rowe Price, says that headline events like the impeachment and the conflict in Iran are not going to have much economic impact, but he noted that slowing growth, tighter employment conditions and more will contribute to slower growth during the first half of the year and that they ultimately will lead to a shallow recession down the line, somewhere after 2020. Also on the show, Tom Lydon of ETFTrends.com discusses investing in China amid the current ...
Brusuelas: "This is not your grandfather's economy'
January 08, 2020 11:38 - 1 hour - 48.8 MBJoseph Brusuelas, chief economist at RCM, notes that tensions in the Middle East and how they affect the oil industry and the economy are worth watching, but says that the economy is different from the oil tensions of the 1970s, and is better prepared to deal with the turmoil than in the past. He expects moderate economic growth in 2020, although he notes that Boeing is the most important manufacturing company to the economy and that its recent problems will shave significant growth off the ...
Nuveen's Doll: 2020 will see economy improve but stocks struggle
January 07, 2020 11:40 - 1 hour - 48.7 MBBob Doll, chief equity strategist at Nuveen, releases his annual list of 10 forecasts for the coming year, noting that he expects economic growth to continue but that it won't be enough to keep stocks humming along. He expects domestic markets to struggle to reach single-digit gains, he prefers the outlook for international stocks, and he believes President Trump will win re-election among his expectations for 2020. Also on the show, two other interviews about expectations, with David Goodse...
Bob Doll looks back, investors look ahead and Chuck watches out for his reputation
January 06, 2020 11:44 - 1 hour - 49.1 MBBob Doll chief equity strategist at Nuveen will release his 10 forecasts for the New Year on Tuesday, but first he stops by Money Life to talk with Chuck about his calls from last year and how they turned out in 2019. Meanwhile, Paul Golden of the National Endowment for Financial Education discusses the New Year's resolutions that investors made fort 2020, and Chuck answers an audience question, kind of, in telling us precisely why he won't make a definitive forecast for the stock market in ...
Chuck helps you set retirement targets and interim savings goals
January 03, 2020 12:36 - 1 hour - 48.9 MBWill in Philadelphia writes Chuck asking for help setting real, meaningful retirement-savings targets as he tries to make sure his New Year's goals and resolutions will make real progress toward a secure future, and Chuck describes four ways to measure retirement preparedness. Also on the show, John Cole Scott of Closed-End Fund Advisors discusses three decades of research on the industry and what it tells him to expect for the future, and we revisit a recent, extended chat with Rob Arnott o...
Wells Fargo's Wren:Market starts 2020 nearly at the levels we expected for next winter
January 02, 2020 13:09 - 1 hour - 48.5 MBScott Wren, senior global market strategist at the Wells Fargo Investment Institute, said that the Standard and Poor's 500 closed 2019 so strongly that it nearly eclipsed his firm's forecast for where it would be in 2020, squarely in the middle of the 3,200 to 3,300 forecast range. Wren warned that the investment consensus is more optimistic than he and Wells Fargo are, but is expectation is for a relatively flat year with some heightened volatility as the market sorts out pressures from int...
'Extremely cautious' Lamensdorf sees a seller's market for 2020
December 31, 2019 14:03 - 1 hour - 48.5 MBBrad Lamensdorf, editor of the Lamensdorf Market Timing Report and manager of the Ranger Equity Bear ETF, said that market sentiment is completely reversed from a year ago and has risen to dangerous levels where investors are likely to be disappointed in the new year. He expects at least 'extreme volatility' for 2020, likely paired with a 'cleansing pullback' that he said was necessary before the market could move up from its current record levels. Also on the show, Brian Graff of the Americ...
Chuck talks Nightly Business Report, misadventures at Firestone and more
December 30, 2019 11:29 - 1 hour - 48.4 MBChuck -- who spent more than a decade as a guest commentator on Nightly Business Report -- talks about the longest-running business television show, which ran for the final time last Friday, and also finally reveals just what happened when he took his car in for repairs -- and subsequently tried to pay for those repairs and more on the retailer's credit card -- that has had him upset for weeks. We also revisit a recent chat with Sam Stovall, chief market strategist for CFRA Research.
NDR's Clissold: Four cycles will determine market and economy for '20
December 27, 2019 14:02 - 1 hour - 50 MBEd Clissold, chief U.S. strategist for Ned Davis Research, says that the economic, earnings, Federal Reserve and presidential cycles will be the driving and determining forces to the kind of year 2020 can be and on what happens post-election. For now, those cycles continue to favor growth, but Clissold warns of changes that could be ahead down the line. Also on the show, John Cole Scott of Closed-End Fund Advisors and the Active Investment Company Alliance talks about how closed-end funds we...
Morgan Stanley's Slimmon: Positive outlook for 2020, but concerned beyond
December 26, 2019 14:03 - 57 minutes - 46.3 MBAndrew Slimmon, senior portfolio manager at Morgan Stanley Investment Management, says that while he is optimistic for the new year, he is worried about how much the economy may accelerate, noting that if it picks up speed in the second half of 2020 it will create stress come 2021. It's an environment that he says is good for politics -- which is why he's worried about it during a presidential election year -- but not great for long-term investors who will feel the aftermath. Also on the sho...
Dan Fuss, part 2: 'The Fed has every incentive to keep the market calm' in 2020
December 24, 2019 11:40 - 59 minutes - 48.3 MBLegendary bond fund manager Dan Fuss of Loomis Sayles Bond Fund turns his attention to the year ahead in the second part of his chat with Chuck Jaffe, and he believes the fixed-income market will be benign in 2020, not quite as buoyant as the current year, and he talks about how the Federal Reserve's changing policies about how they disclose information has made the bond market significantly more stable. Also on the show, Matt Harris of HighTower Wealth Management talks technical analysis an...