Money Life with Chuck Jaffe

William Smead, manager of the Smead Value Fund, has been bearish on energy stocks and oil companies for years, but he says in the Market Call that the market has been shifting, which makes energy stocks worth buying. He notes that demographics showing that millennials will double their use of gasoline -- despite the increased acceptance of alternative-energy engines in cars -- and that recent trou...

Francesca Ortegren of Clever Real Estate discusses the cities and communities where individuals are most likely to live paycheck-to-paycheck and why those communities are so hard for making ends meet, and Chuck has to come to grips with the idea that one of his kids currently lives in the worst place in America for getting by. Also on the show, John Cole Scott of the Active Investment Company Alli...

In separate interviews, Matt Harris, head of the outsourced chief investment officer division at HighTower Advisors and Sheraz Mian, director of research at Zacks Investment reason, both urge investor caution in the near-term future, but for very different reasons. Harris, a technical analyst, notes the recent strength of the Standard and Poor's 500 index compared to its moving 200-day moving aver...

Frank Holmes, chief investment officer at US Global Investors, says that airline stocks have been sold down as a result of the coronavirus epidemic, and he expects them to have 'a super surge' -- along with hotels and luxury goods companies --  when the crisis ends, which he thinks is just a quarter away. Holmes also discusses gold, blockchain and more in a wide-ranging Big Interview. Also on the...

Adam Grimes of Talon Advisors has a bullish market outlook, noting that extraneous market events like coronavirus don't typically derail longer, larger market themes, and aren't going to overcome the current forces driving the market for the foreseeable future. Also on the show, financial adviser and author Michael Falk discusses how public discussions of entitlements and other big financial topic...

Brian Beitner, portfolio manager of Chautauqua International Growth and Chautauqua Global Growth, says that the market and the global economy are in a delicate condition, which raises fears of how an event like coronavirus could create a downturn. Beitner says he thinks the virus situation is transitory and that the market recognizes that it's not going to crash the market or create once-in-a-life...

Tom Lydon, editor of ETFTrends.com, said that investors looking for a trend play in a market dominated by headlines of and reactions to coronavirus might consider KraneShares MSCI All China Health Care Index, making a tactical play on a defensive emerging-markets sector that balances the fundamentals of China's enormous demographics with the reactions to the news. Lydon, in describing the fund, di...

Michael Power, strategist at Investec Asset Management, an international money manager, says that something doesn't look right with the American stock market back at record high levels and seemingly 'walking on air' despite the recent inversion of the yield curve and economic numbers that show slowing and increasing weakness. The U.S. market remains the world's strongest, Power said, but that diff...

Markus Schomer, chief economist at PineBridge Investments, says he is pricing two rate cuts from the Federal Reserve into his forecasts, and note that so long as investors believe the Fed will come to their rescue and cut rates to pump up the economy, the market will keep going higher. Also on the show, Jeff Bishop of RagingBull.com says that market conditions make this a great time to be trading...

Kyle Guske, investment analyst at New Constructs, puts Transamerica Capital Growth Fund into the 'Danger Zone,' noting that the fund is buying the most high-risk, dangerous securities in its asset category. The Transamerica fund has been near the top of the charts in four of the last seven calendar years, but it also has been near the very bottom in the other three of those years; Guske said the h...

Stephen Yacktman, chief investment officer at the Yacktman Funds, says in the Market Call that while the value investment style has lagged growth in recent years, that does not mean investors haven't been able to generate reasonable relative returns that live up to appropriate expectations. He did note that managers may have to look further afield to find some of those bargains and values, and not...

In the face of coronavirus, the election cycle and other volatility-generating events, Tom Lydon of ETFtrends.com made a hedge-like defensive 'anti-market' fund his pick for 'ETF of the Week.'  Also on the show, author Richard Davies discusses 'Extreme Economies,' John Boroff of Fidelity talks about retirement preparedness, and Scott Klimo of Saturna Capital covers stocks in the Market Call. 

Jimmy Hausberg, managing partner at The Hausberg Group in Beverly Hills, Calif., said during Collective Wisdom from HighTower Advisors that headlines like the coronavirus outbreak or even news of the presidential cycle shouldn't be ignored, but he noted that investors should use those events as a chance to review their portfolio rather than trying to capture short-term profits in ways that can der...

Technical analyst Michael Sincere explains that the coronavirus crisis may not be a market event, but it has unleashed danger signs and triggered a weakening of the stock market that could put an end to the long-running bull market. He was clear to avoid calling for a bear market, but he said he expects a significant increase in volatility and sideways market action which will make for a 'difficul...

Veteran money manager Sam Stewart, partner at Seven Canyons Advisors, said that while the market is at record highs, valuations are bifurcated to where the popular names like the FANG stocks and many technology names are too expensive, but that other names have become attractive because they are growing at a time when the economy is slowing. Also on the show, John Kiernan of WalletHub.com talks ab...

On a day with two Big Interview segments with top-flight market strategists, listeners may get a sense that the stock market has gotten ahead of itself with a strong January and that the rest of the year is likely to be more frustrating, volatile and sideways. But  Reed Murphy of Calamos Wealth Management suggests that investors who want to get more from the market will want to step up their inter...

Giorgio Caputo, senior portfolio manager at J.O. Hambro, coins the term 'Woo Flu Wobble' to discuss this week's heightened volatility spurred by news about coronavirus. He expects the news to pass without damaging market prospects, but he notes that markets will remain volatile through the end of the year and cautions that 'This isn't your grandparents' volatility.' Also on the show, Tom Lydon of...

Victoria Fernandez, chief market strategist at Crossmark Global Investments, says that investors were looking for reasons for the market to retreat, and found it this week in coronavirus, but could find it further in missed earnings or other headlines. Those perceived dangers may slow the market's uptrend, but they won't make market conditions move from benign to dangerous on the long term. Also o...

D.R. Barton Jr. of StraightUpProfits.com says that the market is likely to over-react this week to news about the corona virus and corporate earnings -- with nearly half of the Dow industrial stocks reporting earnings -- and he notes that the frothy should create a buying opportunity for investors, although they should be patient to let the downturn play out before buying in fully. That sentiment...

Kevin Mahn of Hennion and Walsh said everything is in place for the stock market to have a good year in 2020, but that what looks good will feel very different than the 30+ percent gain of a year ago. Mahn said he expects the market to gain roughly 9 percent ni the first half of the year, before flattening out and offering volatility with little direction through the election and into 2021. Also o...

Steve Rick, chief economist at CUNA Mutual Group and an economics professor at the University of Wisconsin, talks about the current economy in glowing terms and says he sees strength continuing without interruption or a recession for the foreseeable future, noting that even as economic growth slows, he can see a strong rebound on the horizon for 2023. Thus, while there are potential storm clouds,...

Marc Lichtenfeld, chief income strategist at The Oxford Club, says that investors searching for yield need to be careful about not chasing payouts into bad stocks and tough securities, and yet notes that tactical investors can find some values with reasonable payouts for the long term. Also on the show, Chuck answers an audience question about portfolio construction, Ted Rossman of CreditCards.com...

Behavioral finance expert Meir Statman, a professor at Santa Clara University, said that investors have become smarter about investing -- and have settled for capturing market returns rather than trying to beat the market -- and that staying smart requires shrugging off whatever the market dishes up and letting 'doing nothing' be a solid strategy for not being poor and hopefully for reaching a goa...

John Thompson, chief investment officer at Vilas Capital Management, said in the Market Call that he is expecting a huge reversion to the mean coming for value stocks, which is a big change because value 'has lagged the market almost every year since 2005.' Thompson said investors who have been patient with value stocks as they have lagged are likely to get paid off for their patience in the year...

Long-time Wall Street observer Marc Chaikin of Chaikin Analytics says the stock market is entering what he calls 'blue-sky territory,' a point near the end of a bull market with no signs of recession on the horizon and no resistance to stop a run and make investors unhappy. While it won't last forever, Chaikin says investors can profit by shifting away from defensive stocks, noting that technology...