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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.
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Carley Garner, senior commodity strategist at DeCarley Trading, sees the stock market completing its current rally with a small gain that would move the Standard and Poor's 500 to about 6,200. But once the holiday euphoria passes, she sees the market being hit, taking the S&P 500 down to roughly 4800. She also worries about how gold and oil prices …
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The National Association for Business Economics released its November Outlook Survey today, and nearly all of the economists surveyed expect moderating growth and slowing inflation but, most importantly, no recession until at least 2026. Kathy Bostjancic, chief economist at Nationwide and the outlook survey chairperson for NABE, called the results …
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After waiting over three years for "one of the worst recessions ever anticipated that never happened," Edward Yardeni, president and chief investment strategist at Yardeni Research, says that the economy is now moving forward without much recession worry, buoyed by consumer spending — especially from Baby Boomers — and rate cuts from the Federal Re…
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George Bory, chief investment strategist for fixed income at Allspring Global Investments, says that 'the soft landing was earlier this year,' and now the Federal Reserve is trying to "prevent a recession in an otherwise fairly healthy but unevenly distributed economy." Bory notes that central bankers typically cut interest rates to stimulate a slo…
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Nick Nefouse, global head of retirement solutions in the multi-asset strategies and solutions team at BlackRock, says that in a world where investors are increasingly nervous about sequence-of-return risk — the potential for the market to crater just as they start withdrawing from their retirement nestegg, forever damaging their finances — and long…
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Adam Turnquist, chief technical strategist at LPL Financial expects the stock market's return levels to "return to normal," which means slower growth but not anything that ends the bull market as it rolls through its third year. Turnquist does think the short-term action has put the bulls on trial, forcing them to prove that the market can go highe…
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Fritz Folts, chief investment strategist at 3EDGE Asset Management, sees "unprecedented degrees of overvaluation" in the market, and he says the market is "dramatically overvalued" and at risk of a severe correction, but he notes that economic and fundamental models are pretty good, and investor behavior keeps driving momentum, so the positives con…
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David Keller, president and chief strategist at Sierra Alpha Research says that the market has made meaningful moves to landmark new highs but he questions whether the rally is sustainable. He says that market leaders like the Magnificent Seven need to keep rolling to propel the indexes higher, and he says that weakness is showing up in Alphabet an…
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Paul Christopher, head of global investment strategy at the Wells Fargo Investment Institute discusses the firm's research looking at whether campaign promises have translated into long-term outperformance for sectors that were likely to benefit from proposed policies, and while there were positive gains in the immediate aftermath of elections, man…
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Laurence Kotlikoff, professor of economics at Boston University — the founder of Maxifi, which factors economics into personal financial planning — says that while the economy is humming along now, investors should be wary of the potential for trouble, especially stemming from the high levels of tariffs that were a part of President Donald Trump's …
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Jerremy Newsome, founder at Real Life Trading, says he thinks the stock market has entered another period like the Roaring 20s of a century ago, and while that period ended withthe start of the Great Depression, Newsome says he thinks "we're in the middle right now. ... I see that we have truly three to six good years left of overall, bull sustaina…
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Bill Adams, chief economist for Comerica Bank, says his forecast for 2025 now includes fewer rate cuts, slightly higher inflation, and increased fiscal support for the economy, but those conditions are signs of an an economy "that's humming along, continuing to grow, it's not a recession," and he says the risk of a recession in the next year or two…
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Doug Roberts, Chief Investment Strategist at Channel Capital Research Institute — the author of "Follow the Fed to Investment Success" — says that under the new Trump Administration it is possible to return to a status where goods inflation is declining while wage growth pushes core inflation up, which could lead Federal Reserve chairman Jerome Pow…
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Todd Rosenbluth, head of research at VettaFi, makes the Calamos Standard & Poor's 500 Structured Alt Protection ETF for November his "ETF of the Week," noting that the fund has 100 percent downside protection, making it ideal for investors who were shocked by the election results and who think the market is headed for a downturn. Rosenbluth runs th…
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Wall Street Journal columnist Jason Zweig — who recently released the third edition of "The Intelligent Investor," Benjamin Graham's classic that many believe is the greatest investment book of all time — says that 'It used to be that your stockbroker tried to pick your pocket, and now your stockbroker is in your pocket." Those changes in technolog…
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Joe Kalish, chief global macro strategist at Ned Davis Research, says he won't be surprised if there is a "normal correction" for the stock market once the presidential election is decided, followed by a pick-up into year's end, regardless of the election outcome. Kalish says he is skeptical that the economy can get to a 2 percent inflation level s…
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Greg McBride, chief financial analyst at BankRate.com, says the Federal Reserve has little choice when it meets this week but to follow through on its signals and cut interest rates by one-quarter of a percent, noting that anything larger or smaller than that come Thursday would wind up being destabilizing for the market. The anticipated rate cut, …
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