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Money 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.
Adam Hetts, global head of multi-asset at Janus Henderson Investors, says the economy is somewhere between a soft and hard landing, but that anyone expecting a mild recession should watch for it to last about nine months, but with the market bottoming out typically a few months before the recession ends, investors will want to stay the course through the bear market trough, rather than moving into cash to get the high current yields and play defense. With lower expected stock returns and improved bond returns, Hetts says riding out a balanced portfolio should provide both safety and growth potential. Also on the show, Cheryl Pate of the Angel Oak Financial Strategies Income Term Trust says the banking industry's wild ride since the failure of Silicon Valley Bank in March has created a strong opportunity for bank debt to outperform moving forward, Natalie Trevithick of Payden and Rygel discusses the investment-grade corporate bond market ad when investors will want to start pursuing longer-duration bonds, and Buck Klintworth of Chase Investment Counsel talks technical analysis and what it means that the Nasdaq technically moved into correction territory on Thursday.
Larry Adam, chief investment officer at Raymond James, says he expects a recession at the start of next year, but he's not nervous about it because much of the damage is already priced in and the downturn is likely to last six months, rather than the 10 months of an average recession. Moreover, with the stock market typically bottoming four to six months before a recession ends, Adam says investors may want to be buying in while the downturn is in mid-swing. Adam currently favors technology, energy, health care and financials. Tom Lydon, vice chairman at VettaFi, brings back a long-running fund powerhouse as his ETF of the Week, Chuck answers a listener's question about inflation-protected savings bonds -- with the new I-bond inflation rate having just been announced -- and absolute-value manager Brian Frank of the Frank Value Fund talks stocks in the Market Call.
David Goerz, chief executive officer at Strategic Frontier Management, says it seems "like we're muddling along at zero and sometimes we're in recession and sometimes we're not." It feels like a recession, he notes -- and it has had almost all of the key statistics at various times -- but without the unemployment issue or any big stock market correction. Goerz expects lower growth for the market moving forward, and urges safety and defense in building portfolios now. Also on the show, Tracey Spivey of the business tax services group at KPMG discusses how investors who have benefited from higher interest rates and leaned into the better yields available from fixed income investments are setting themselves up for an unpleasant tax surprise next year; plus Daniel Dusina, director of investments at Blue Chip Partners, talks brand-name companies in the Market Call.
Money Life wraps up the 20 interviews of FinCon. A gathering of financial content creators and fin-tech entrepreneurs held in New Orleans last week - with Benjamin Nadelstein of Monetary Metals talking about how to generate yield on your gold holdings, Logan Smyth of the TRADR Market Analytics app on technical analysis, Kalilah Reynolds discussing the ups and downs of the Jamaican Stock Market, Jenni Sisson on how inflation is hitting the foot soldiers of the home front, and Joe Saul-Sehy of the Stacking Benjamins on the good and bad of financial content creation in today's tough economic environment.
It's the third day of interviews taped at FinCon in New Orleans -- an annual gathering of financial content creators -- and one big focus of the conversations is inflation. That will be a big part of conversations today, when the interviews start with Jen Smith of the Frugal Friends podcast, moving into a chat with Scott Carson from The Note Closers Show and -- after a break to talk personal finance with David Zaegel from the Retire With Confidence podcast -- inflation is a big part of the talk with John Blizzard, head of CDValet.com, a site that helps consumers with certificates of deposit. The show concludes with conversations with Clifton Corbin, a financial educator and author of "Your Kids, Their Money," and Paula Pant of the Afford Anything podcast, who discusses why so many Americans are upset over inflation and financial conditions at a time when they actually have it pretty good.
It's Day Two of Money Life at FinCon, and Chuck again explores the rich tapestry of the financial world talking about the business of podcasting with Virginia Elder of Podcast Abundance, improving the financial awareness and habits in the Hispanic culture with financial educator Dario Martinez of Sal de la Olla, stock investing with CPA Mark Roussin -- the "Dividend Seeker" on YouTube -- the financial difficulties and differences of America's service men and women with Lacey Langford of the Military Money Show, and the ways that taxes can impact and delay retirement with "FITaxGuy" Sean Mullaney. Plus, John Cole Scott of Closed-End Fund Advisors and the Active Investment Company Alliance reviews a rough third quarter in closed-end funds in The NAVigator.
Money Life goes to the Fin Con Expo this week, with Chuck in New Orleans at the annual gathering of financial content creators, which is a mix of bloggers, podcasters, freelance writers, fin tech companies and forward-thinking financial minds, and you will hear from Preston Yadegar of Shareholder Vote Exchange (a company helping investors sell the votes on their shares), David Edey of the Executor Help podcast, Anthony Rushing of First Loan HELOC (which is working to help investors use credit lines to replace mortgages to save on home ownership and interest costs), and fraud expert Kathy Stokes of AARP. Plus, every Thursday starts with the ETF of the Week, and Tom Lydon of VettaFi does something he has not done in the history of Money Life, namely pick a fund that is NOT an ETF, though it has aspirations -- and hopes -- of being one someday.
For years, Chuck has offered the kids in his neighborhood a chance to pick cash or candy, to decide between a trade or a treat. Every Halloween, however, Chuck tweaks the game, making a few subtle changes to keep things interesting for him and the kids. This year, he is changing something he never expected to change, ever, and he talks about how Halloween will work at his house -- and maybe yours if you follow suit -- come Oct. 31. Plus, Andrew Krei, co-chief investment officer at Crescent Grove Advisors, talks about how the higher-for-longer rate environment -- coupled with the narrow stock market -- has given investors an opportunity to reposition and rebalance portfolios to play defense while being compensated with better yields, but he does warn that there may be more maneuvering to do once rates start to fall again. Matt Schulz, chief credit analyst at LendingTree discusses record credit-card rates and the alarming number of lenders now issuing cards with a 29.99 percent rate or higher. In the Market Call, Tom McIntyre of McINtyre Freedman and Flynn -- the first-ever Market Call guest in the history of the show -- returns to discuss where current events have him investing now.
John Kosar, chief market strategist at Asbury Research, says the stock market hit a key support level at the beginning of October, which typically has been triggering market rebounds. As a result, he sees current conditions as a "low-risk, high opportunity" place to put money to work in the market now. Mary Ryan, senior wealth advisor at The Vanguard Group, discusses the firm's research showing that investors who have the option of contributing to a health-savings account can goose their long-term investment returns by prioritizing the HSA, rather than thinking of it solely as a savings account to pay for medical costs. She suggests that savers turn to HSAs higher in their priority list for savings, just behind getting the free money of an employer's matching monies, but ahead of additional retirement-plan contributions and Roth IRAs. Plus, Allison Hadley covers a survey by AllStarHome.com on the financial impacts of living at home or in their hometown, and Gerry Frigon of Taylor Frigon Capital Management talks about buying growth stocks in the Market Call.
Craig Callahan, founder and chief executive officer at ICON Advisers and the ICON Funds, says that he's not seeing the overpricing you'd expect at a market peak or the bargains visible in typical market bottoms, so he expects the market to "drift higher" over the next six to nine months. But those gains will be led by different stocks and sectors than what drove the market to gains earlier this year. Callahan says the market has turned since May 31, with energy leading, and economically sensitive areas like financials have been strong too; "that really narrow market that we didn't think made sense, it ended May 31st" he said. "We're in a new market now." Also on the show, Kyle Guske, investment analyst at New Constructs revisits a stock that has been in the Danger Zone for years, but that has rebounded well this year to set up the next round of troubles, John Cabble of J.D. Power discusses the firm's latest look into payment patterns and looks at the deteriorating credit situation for most Americans, and Bob Olstein, founder and chief investment officer at Olstein Capital Management discusses stock investing in the Market Call.
Amanda is a wife. A mother. A blogger. A Christian.
A charming, beautiful, bubbly, young woman who lives life to the fullest.
But Amanda is dying, with a secret she doesn’t want anyone to know.
She starts a blog detailing her cancer journey, and becomes an inspiration, touching and
captivating her local community as well as followers all over the world.
Until one day investigative producer Nancy gets an anonymous tip telling her to look at Amanda’s
blog, setting Nancy on an unimaginable road to uncover Amanda’s secret.
Award winning journalist Charlie Webster explores this unbelievable and bizarre, but
all-too-real tale, of a woman from San Jose, California whose secret ripped a family apart and
left a community in shock.
Scamanda is the true story of a woman whose own words held the key to her secret.
New episodes every Monday.
Follow Scamanda on Apple Podcasts, Spotify, or wherever you listen.
Amanda’s blog posts are read by actor Kendall Horn.
