Veteran financial journalist Chuck Jaffe talks with the big thinkers, the power brokers and the market movers to keep you up to date on the market and the economy, with an eye toward where, how and why to invest. Plus personal finance content to cut through the clutter and improve your life.
…
continue reading
1
Horizon's Ladner is more concerned about the next six weeks than six months
59:54
59:54
Spela senare
Spela senare
Listor
Gilla
Gillad
59:54
Scott Ladner, chief investment officer at Horizon Investments, expects the market to start a new leg up and rally, but he notes that it has to go through a shake up and get to where rate cuts start before that uptick starts in earnest. Ladner notes he is "a whole lot more confident about the next six months than the next six weeks," noting that cur…
…
continue reading
1
Wells Fargo's Christopher: First a downturn, then the economy triggers another rally
1:01:34
1:01:34
Spela senare
Spela senare
Listor
Gilla
Gillad
1:01:34
Paul Christopher, head of global investment strategy at the Wells Fargo Investment Institute, says the market will take a break of as much as 10 percent, and he is looking for that kind of setback before getting back to being fully invested. That said, he expects the economy to pivot out of slowdown mode and "into a more sustainable growth path, bu…
…
continue reading
1
Raymond James' Adam: Summer will be bumpy, but isn't leading to recession
1:02:19
1:02:19
Spela senare
Spela senare
Listor
Gilla
Gillad
1:02:19
Larry Adam, chief investment officer at Raymond James, says that summers tend to be more volatile and while the market has been up seven of the last eight summers, those gains have had to overcome significant drawdowns, and he thinks that pattern will repeat with an "overbought" market now. Adam still expects two rate cuts, which should avert a rec…
…
continue reading
1
Mission accomplished, Yaruss says it's time for the Fed to cut rates
1:00:20
1:00:20
Spela senare
Spela senare
Listor
Gilla
Gillad
1:00:20
Howard Yaruss, professor at New York University and author of "Understandable Economics,” says the Federal Reserve should "consider a small rate cut, as soon as possible," in part because the central bank has done a good job — as measured by certain inflation measures — in at least coming close to its target levels, but also because other central b…
…
continue reading
1
Yes, some of the Magnificent Seven remain bargain/value stocks
1:02:15
1:02:15
Spela senare
Spela senare
Listor
Gilla
Gillad
1:02:15
Dedicated value investor John Buckingham, editor of The Prudent Speculator and principal portfolio manager at Kovitz Investment Group, says that the long run of the Magnificent Seven has not made it impossible for value investors to hold some of them, noting that while the very hottest don't meet the definition of value, other tech giants like Alph…
…
continue reading
1
Why Chuck isn't taking Social Security benefits now (or soon)
58:58
58:58
Spela senare
Spela senare
Listor
Gilla
Gillad
58:58
When Chuck turned 62 last week, he became eligible to claim Social Security benefits, and while he always expected to wait as long as possible before collecting, his own health history, his recent marriage and the passing of some friends of similar ages prompted him to revisit the entire Social Security claiming decision, because deciding when to c…
…
continue reading
1
Fiduciary Trust's Sanchez: 'The markets are never about seven stocks'
59:35
59:35
Spela senare
Spela senare
Listor
Gilla
Gillad
59:35
Ron Sanchez, chief investment officer at Fiduciary Trust Company International, says that as the market settles into long-term grown and moderating inflation, it's a good environment for financial markets to broaden out, where he expects more normal relationships between domestic and international stocks and large-company and small-cap stocks. "The…
…
continue reading
1
Tom McIntyre: Obsession over the Fed is 'a complete waste of time'
58:52
58:52
Spela senare
Spela senare
Listor
Gilla
Gillad
58:52
Tom McIntyre, president of McIntyre, Freedman & Flynn, says that "this obsession with Fed policy is misplaced," noting that government spending has helped prop up the economy and hidden weakness in the economy. He's concerned about "overall slippage" in the economy; as an investor who factors the news into his investment choices, McIntyre is stayin…
…
continue reading
1
Payden's Trevithick: Fed can 'still orchestrate a pretty soft landing'
59:31
59:31
Spela senare
Spela senare
Listor
Gilla
Gillad
59:31
Natalie Trevithick, head of investment grade corporate bonds at Payden & Rygel, says that companies prepared for the high-interest rate environment in advance, in ways that have allowed the bond market to avoid the rise in defaults that typically hits during rate hikes, but that also contributed to stronger economic growth, which has allowed inflat…
…
continue reading
1
Global X's Helfstein: 'There is no crisis,' so Fed can stay patient
1:00:55
1:00:55
Spela senare
Spela senare
Listor
Gilla
Gillad
1:00:55
Scott Helfstein, head of investment strategy at Global X ETFs, says that he has no problem with higher-than-planned inflation levels so long as nominal economic growth is there. "Investors don't really profit off of Federal Reserve changes," he says, "they profit off of growth in the economy, and that's what we should be focused on." Gene Peroni, f…
…
continue reading
1
Cerity's Mills: The economy is strong enough to overcome current headwinds
1:00:27
1:00:27
Spela senare
Spela senare
Listor
Gilla
Gillad
1:00:27
Karl Mills, partner at Cerity Partners, says that the U.S. economy remains strong, there are some headwinds facing the stock market and that investors should go back to basics — diversifying across borders and industries and looking for investments they will hold long-term. Mills made it clear that he's optimistic for the long term, noting that inv…
…
continue reading
1
LMTR's Lamensdorf: Margin of safety is low, 'we're due' a correction
58:43
58:43
Spela senare
Spela senare
Listor
Gilla
Gillad
58:43
Brad Lamensdorf, strategist at the Lamensdorf Market-Timing Report and manager of the Ranger Equity Bear ETF, says there's "a lot of stock in a lot of weak hands," which tends to lead to a serious correction, and he says the market is due for a 15 to 25 percent pullback. Further, he notes that bear market corrections tend to "be more significant" i…
…
continue reading
1
Bankrate's Rossman on the changing tip culture and why Americans hate it
1:01:40
1:01:40
Spela senare
Spela senare
Listor
Gilla
Gillad
1:01:40
Ted Rossman, senior industry analyst at Bankrate.com, discusses a just-released survey which shows that Americans are getting fed up with being asked to leave a tip at everything from a self-service checkout counter to a pick-your-own strawberry farm. The survey showed that nearly 3 in 5 American adults have at least one negative view of tipping, w…
…
continue reading
1
Schwab's Jones: 'The Fed should be cutting rates now, not waiting'
57:58
57:58
Spela senare
Spela senare
Listor
Gilla
Gillad
57:58
Kathy Jones, chief fixed income strategist at Charles Schwab, says that the Federal Reserve should be cutting rates now rather than waiting, so the central bank will be deserving of the blame if we get a recession in 2025. Jones worries that central bankers have become "too spooked by inflation," and says they should be less cautious and more forwa…
…
continue reading
1
Regions McKnight sees storm clouds, Elliott Wave's Gilburt sees typhoon
59:39
59:39
Spela senare
Spela senare
Listor
Gilla
Gillad
59:39
Alan McKnight, chief investment officer at Regions Asset Management, sees storm clouds on the horizon for the market and the economy, but his outlook remains benign, suggesting that a well-diversified portfolio will withstand heightened volatility for the remainder over the year. He says we have experienced a muted, rolling downturn and doesn't see…
…
continue reading
1
Hartford's Boyle: Attractive bond valuations are the big plus of Fed's pause
1:01:54
1:01:54
Spela senare
Spela senare
Listor
Gilla
Gillad
1:01:54
Joe Boyle, Fixed Income Investment Strategist for the Hartford Funds, says that the re-set in fixed-income after rates popped up in 2022 and 2023 have made it unimportant to bond investors whether the Federal Reserve cuts rates any time soon, because the yields should remain strong. That said, Boyle said he was looking further out the yield curve —…
…
continue reading
1
Almanac Trader Hirsch says this isn't the May to sell and go away from
58:30
58:30
Spela senare
Spela senare
Listor
Gilla
Gillad
58:30
Jeffrey Hirsch, editor-in-chief of the Stock Traders’ Almanac — chief investment officer at Hirsch Holdings — says that calendar effects and seasonal sell signals may be indicating that it's time to "sell in May and go away," but he says long-term investors have plenty of reason to remain bullish enough thanks to election effects and more that inve…
…
continue reading