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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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Earn & Invest

Jordan Grumet (Doc G)

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Join us for thought-provoking conversations that empower you to Earn and Invest wisely, shaping your future while making informed decisions today. Every Monday, our wide-ranging panel discussions explore various financial topics, fostering engaging conversations that challenge conventional wisdom and provide fresh perspectives. Then, on Thursdays, we delve into individual interviews, offering deep insights from experts who share their experiences and expertise. While we may not always uncove ...
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Chris Zaccarelli, chief investment officer at Northlight Asset Management, says that investors watching headlines about the economy, the weakening dollar and more need to realize that policy shifts and global changes play out over long stretches of time, so that investors should react in small, modest ways. For Zaccarelli, that has included adding …
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Karl Mills, partner at Cerity Partners, says investors have survived all kinds of events that seem as bad or worse than anything they are facing now, which is a reason to "stay along for the ride," even if that means moving to the slow lane — where he is positioned now — and being moderately defensive. Mills says he looks at current events "like fr…
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Fritz Folts, chief investment strategist at 3Edge Asset Management. says the uncertainty about tariff policy — which has pushed uncertainty over interest-rate and monetary policies nearly out of sight — has made it particularly hard for investors to decide where to go with their money now. While the hard economic data is good, Folts notes that the …
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James St. Aubin, chief investment officer at Ocean Park Asset Management, says the stock market is pricing solid corporate earnings and generally strong economic growth momentum, but those gains haven't ended the uncertainty around tariff policies. While the market seems to think the impacts will be muted, St. Aubin says we are in a waiting period …
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Andrew Foster, chief investment officer at Seafarer Capital Partners — manager of the Seafarer Overseas Growth Fund — says emerging markets are poised to thrive in an environment where the dollar is weakening against not only foreign currencies but gold, Bitcoin and "a bag of Doritos." Foster says that the fundamentals are improving for emerging ma…
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Leisa Peterson's new book, The Money Catalyst, is a profound parable about the role money plays in our life. How do we take charge of this important aspect of life without succumbing to it? Leisa provides some answers. Learn more about your ad choices. Visit megaphone.fm/adchoicesBy Jordan Grumet (Doc G)
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George Milling-Stanley, chief gold strategist at State Street Global Advisors, says he expects gold to trade between $3,100 and $3,500 for the remainder of the year, but is making the bullish case for new record price levels as high as $3,900 an ounce, noting that he believes the new bottom level for gold is $3,000 an ounce, up by $1,000 in the las…
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Vincent Reinhart, chief economist and macro strategist at BNY Investments, says that Monday's temporary halt to the tariff battle between the United States and China significantly reduces the potential for a recession, but it doesn't create the clarity that investors and business leaders are seeking. He believes the U.S. will continue to deliver so…
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Talley Leger, chief market strategist at The Wealth Consulting Group, says the stock market over-reacted to the downside over tariff announcements and that investor sentiment was so sour that it flashed big buying signals to him. Now that there has been some easing of tariff tensions with the United States and China announcing a deal on Monday, Leg…
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David Kelly, chief global strategist at J.P. Morgan Asset Management, says that using tariffs "is like throwing a grenade as an offensive weapon when you are in a small room. You are much more likely to damage yourself than anybody else," which is why he is expecting the Trump Administration to back away from its heavy demands rather than go into a…
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Economist Daniel Altman — who publishes the Daniel Altman's High Yield Economics newsletter — says that the Federal Reserve and its chairman Jerome Powell provided more certainty than the market was expecting on Wednesday by effectively confirming that fighting inflation, rather than unemployment, is Job One. That means interest rates will stay hig…
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Sam Dogen is the force behind the Financial Samurai blog. He has written a new book called Millionaire Milestones. In this episode we chat about whether a million dollars is what it used to be and how to become an inevitable millionaire. Learn more about your ad choices. Visit megaphone.fm/adchoicesBy Jordan Grumet (Doc G)
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Economist Steven Durlauf, director of the Stone Center for Research on Wealth Inequality and Mobility at the Harris School of Public Policy Studies at the University of Chicago, says that the federal budget deficit is the biggest source of the country's trade deficit, meaning politicians have failed "to seriously address the relationship between wh…
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Jeffrey Roach, chief economist at LPL Financial, says that while the economy is starting to point towards likely outcomes — an economic slowdown that leads to stagflation but likely stops short of recession — the extremes are still possible. That means the outcomes run from a potential trade war to a no-landing scenario until at least 2026. Roach d…
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Odeta Kushi, deputy chief economist at First American Financial Corp., says she expects the housing market to remain sluggish for as mortgage rates remain above 6 percent; while she expects the Federal Reserve to cut rates during the second half of the year, she's not expecting conditions to change much. That said, she noted that First American's H…
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Craig Johnson, chief market technician at Piper Sandler, says that for all of the tumult and headlines, he still believes the market shows signs that it will still reach 6600 on the Standard & Poor's 500, the level he was expecting at the start of the year. That's up by more than 15 percent from current levels. Johnson acknowledges that the voyage …
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Joseph Brusuelas, chief economist at RSM, returns to Money Life today as the firm introduces the RSM US Recession Monitor — a comprehensive scorecard relying on more than 20 indicators to track the health of the economy — which is showing a 55 percent chance of recession, a danger level that Brusuelas says will go higher if current tariff and trade…
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