Crossmark's Fernandez: Volatility will pick up as rate cuts are delayed
Release Date: 05/07/2024
Zacks' Blank: Risk of recession and a market correction are both way up
Money Life with Chuck Jaffe
John Blank, chief investment strategist and chief economist at , says the conditions are increasingly bringing back the spectre of a recession, with the odds of a protracted economic slowdown now standing at about 50 percent. Moreover, he doesn't believe that the widely anticipated interest rate cuts from the Federal Reserve today will really do anything to alter that course. Blank says that the recession could trigger a stock market sell-off that could cut valuations by more than 40 percent, though he does not think that any such decline will be long-lived. Allison Hadley discusses research...
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Veteran manager says gold remains in 'an aggressive accumulation phase'
Money Life with Chuck Jaffe
Adam Rozencwajg, managing partner at — a fundamental research firm that focuses on making contrarian natural resource plays — says that the rally in gold is far from over, and that "until it gets to at least the long-term average [of its value relative to the market], you are in an aggressive bull market, an aggressive accumulation phase." That average would take gold to about $8,000 an ounce, meaning the asset has room to double. Rozencwajg also talks oil and why he likes it despite status as "the most hated asset class in the world." Ryan Redfern, chief investment officer at , says that...
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Money Life at FinCon '25: Afford Anything's Paula Pant, Stacking Benjamins' Joe Saul-Sehy & much more
Money Life with Chuck Jaffe
It's a wrap on FinCon '25 from Portland, but not before what Chuck describes as the "single best day of interviews [he has] done at any FinCon that Money Life has attended." Here's the lineup: — is a long-time financial advisor, author and retirement columnist — he was writing for MarketWatch before Chuck got there in 2003 and still writes for them today — who has watched the transitions that have impacted the investing world over the decades. He gives his take on everything from ETFs versus traditional funds to crypto and much more. — Paula Pant is the host...
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Money Life at FinCon '25: online leases, alternatives in IRAs and 'everyday money heroes'
Money Life with Chuck Jaffe
It's the second day of interviews from FinCon '25, the annual event for financial podcasters, bloggers and content creators being held in Portland, Ore., and Chuck is chatting up fintech entrepreneurs, financial coaches, retire-early advocates and much more. Today's show includes: — Ravi Wadan, the founder of , discusses pre-negotiated car leases and the benefits of leasing online. — Nik Johnson of , who talks about overcoming the challenges that keep many families from building generational wealth, and how it is small daily moves or changes have impacts that can...
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Money Life at FinCon '25: College savings, medical bills and Chuck's wildest interview ever
Money Life with Chuck Jaffe
Money Life begins the first of three days of interviews from FinCon 2025, the annual gathering of financial content creators, which this year is in Portland, Ore., and which lets Chuck showcase a wide range of subjects. Today, those subjects include: — college savings and the changing landscape of consumers paying off college debt with Robert Farrington of . — crushing medical debt, and an unusual way for consumers to get out from under it with Jared Walker, founder of the non-profit fintech start up . — a conversation that Chuck thinks may be the most unusual of his long...
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Jillian Johnsrud: 'Why retire once when you can retire often?'
Money Life with Chuck Jaffe
, the podcaster behind "," and the author of a new book out this week that goes by the same title, says that a lot of people mess up their retirement lifestyle by not preparing for it with smaller retirements — lasting a month or more — during their prime working years. Not only do these smaller times allow people to recharge and rejuvenate, they become dry runs for the real thing, allowing pre-retirees to sample ideas and then plan how to execute the best concepts. Johnsrud — who says she has retired at least a dozen times despite only being in her early 40s — says that small...
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Small-cap manager Doenges on why tiny stocks have struggled while market has peaked
Money Life with Chuck Jaffe
Conrad Doenges, chief investment officer at — manager of the Ranger Small Cap and Ranger Micro Cap funds — says that smaller companies have suffered as an asset class because corporate earnings have struggled to meet growth expectations. While there is an expectation that small companies will benefit from a cut in interest rates and from deregulation policies from the government, Doenges says in the Market Call that earnings expectations remain muted, so the long awaited rally in small caps could come, but be less than investors have been waiting for. Jeffrey Ptak, managing director at ,...
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Why this star stock-picker now loves bonds, hates Tesla and foreign stocks
Money Life with Chuck Jaffe
David Giroux, chief investment officer at T. Rowe Price — named Morningstar's Outstanding Portfolio Manager for 2025 for his work at — says his allocation fund is holding near its highest levels ever of bonds, specifically intermediate fixed-income, largely because he thinks stocks are overvalued and real growth will remain hard to find. Giroux — who has beaten the average peer in his Morningstar asset class for 17 consecutive years, the longest streak in the entire fund industry — has long disdained investing in foreign stocks and says the rally that 2025 has produced overseas is an...
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MacroTides' Welsh expects economic slowdown and a long, nasty market drop
Money Life with Chuck Jaffe
Jim Welsh, author of “” and the “Weekly Technical Review,” says he thinks the stock market "is reaching an inflection point," saying that the next time the Standard & Poor's 500 makes new records but without support from the highs in the advance-decline line, he will take it as a sign that the stock market is about to roll over. Welsh says that several momentum indicators suggest a short-term decline could be between 3 and 7%, at which point he expects a bounce-back that lasts only until the economic concerns take hold. Welsh says a rise in layoffs would show that the market...
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You didn't win the lottery last night; what now?
Money Life with Chuck Jaffe
The Powerball jackpot that went unclaimed on Wednesday night will top $1.7 billion for its next drawing this weekend, and will mark the 13th time in less than a decade that the big prize has been north of $1 billion. Chuck talks about why jackpots have grown this large, how you might use the lottery as a personal finance tool — even if, like him, you never buy a ticket and why the odds are never in your favor. In the "ETF of the Week," Todd Rosenbluth, head of research at , looks to a technology fund that mixes the big names and the tech-adjacent" plays to create an opportunity for...
info_outlineVictoria Fernandez, chief market strategist at Crossmark Global Investments, says that she sees the stock market grinding higher through heightened volatility for the rest of the year as the Federal Reserve pushes rate cuts out to December or into 2025. Still, she expects "another shoe to fall" with the economy and the market, though that trouble likely is coming next year or beyond. By comparison, Adam Grimes, president of Talon Advisors, sees the market retesting record high levels in fairly short order, but he worries that the longer-term technical indicators suggest "a rocky two, three, four years" ahead, though he remains positive that equities will be up a decade from now, so that long-term investors should remain in the market through the trouble ahead. Plus, in the Market Call, Janet Brown of FundX Investment Group — publishers of the No-Load Fund*X — talks about riding the wave of what has been winning, and discusses how the winners and losers appear ready to hold their positions for a while longer before conditions change.