Money Life With Chuck Jaffe Daily Podcast

With the stock market near all-time highs as the calendar approaches its most tumultuous time of the year, Matt Harris, Steven Rosen and Adam Thurgood of HighTower Advisors discussed whether to ride the wave or get defensive, and all found playing defense and keeping cash ready to put to work in buying opportunities a prudent measure now. Also, Bob DiMella of MacKay Shields discussed muni bonds, Catherine Collinson of the Transamerica Center for Retirement Studies talked about America's retirement readiness

Brian Singer, head of William Blair's Dynamic Allocation Strategy team, said he sees plenty of opportunities to invest actively around the stock, bond and currency markets right now, but the best opportunities are in the scariest markets around the world -- the emerging markets where trouble has made things value-priced -- while the safe-haven markets like the US are less attractive now. Also, Charles Rotblut of AAII Journal has the Stock of the Week, Jill Gonzalez of WalletHub talks about the large percent

Scott Colyer, chief investment officer at Advisors Asset Management, said that the conditions he would expect to see as the market is topping out and preparing to roll over -- including an inverted yield curve, a peak to housing starts and the collapse of earnings expectations -- haven't happened yet, and he's expecting the current bull market to last for 'several more innings.' Also, Mark Fleming, chief economist at First American Financial Corp. discussed the changing supply-demand outlook for the housing

Ron Sanchez of Fiduciary Trust Co. International said that the market is positioned to continue moving forward -- but with more modest single-digit returns -- well into 2019 and 2020. Adam Grimes of Waverly Advisors was equally optimistic about the bull market continuing from a technical standpoint. Ryan Bailey from Bank of the West discussed the strange financial habits of millennials, and the Market Call rebroadcast a recent interview with Dan Brady of Trendrating.com.

Brent Schutte, chief investment strategist for Northwestern Mutual Wealth Management, said the rising U.S. economy would continue to equal a rising stock market, but he said that tariffs plus Federal Reserve concerns and more are likely to mute returns going forward. Also, Tom Lydon made a retail-focused emerging-markets fund his ETF of the Week, Terry Jones of Investors Business Daily was in to discuss investor optimism and Chuck followed up on a recent interview that has him worried about people mis-timin

Dr. Vinay Nair of 55ip said his firm's Market Risk Indicator shot up in July, indicating a much greater likelihood that the market is due to make a big move soon, and while that market move could be up, he said investors should be concerned that a significant drop is in the offing. Also, Amanda Dixon of BankRate.com discusses a survey about when Americans believe it is the ideal time to achieve certain financial goals, Matt Harris, David Molnar and Lee Majkrzak discuss their expectations for inflation in 'C

David Blanchett of Morningstar Investment Management discussed his latest research which shows that retiring early can hurt an individual's chances of reaching a retirement goal and having sufficient savings to live up to hopes and dreams. Also, Charles Rotblut of AAII Journal says that tariff issues make a particular steel stock his "Stock of the Week," because they have robbed the company of its market momentum, Dave Stolz discusses the latest AICPA Personal Financial Satisfaction Index, and Martin Lecler

Brian Beitner of Chautauqua Capital Management said that trade war and tariff concerns should not dissuade investors from going overseas with their money and he expects international markets to deliver superior returns to domestic stocks over the next few years. Also, Mark Hamrick of Bankrate.com discussed the jobs report, Sam McBride of New Constructs talks about micro-bubbles and David Brady of Brady Investment Counsel has the Market Call.

Technical analyst and financial columnist Michael Sincere said the market is going to take 'a nice little hit' over the next few months, though he was not expecting it to go into a protracted and deep dive. He suggests diversifying into cash, among other things, but made it clear investors should not be giving up on their stocks but rather buckling up for a bump ride. Michael Mullaney of Boston partners, meanwhile, was significantly more positive in his market outlook, and Rich Hagen of Ally Invest discusse

Arun Daniel, who runs the J.O. Hambro Small-Mid Cap Equity Fund, said the recent run of strong performance from small-cap stocks is likely to continue, with the technology and financial-services sectors leading the way. In a second Big Interview on today's show, Wayne Wicker of ICMA Retirement Corp. noted that despite headlines about weakness in earnings, the current season has shown a strong undercurrent of growth that will remain for at least the rest of the year. Also, Tom Lydon looks to China for his ET

Mona Mahajan, US investment strategist for Allianz Global Investors, said that trade wars and tariffs are a real concern but the strong economy can keep going and can finish the remainder of the year strong. Also, Jason Reposa of MyBankTracker.com discusses a survey showing that Americans waste billions on banking maintenance fees, the HighTower gang -- Matt Harris, Lee Makerzak and David Molnar -- talk about how they are playing fixed income now, and Dan Brady of TrendRating.com makes his debut in the Mark

Sheraz Mian, director of research at Zacks Investment Research, said there are red flags on the horizon but the underpinnings of the U.S. economy are so good and the earnings power in a few sectors -- notably technology -- is so strong that investors should expect a strong finish to the year. Also, Charles Rotblut of AAII makes a trucking-related company his Stock of the Week, Leo Leydon of Financial Focus Advisory Services discusses what he sees happening after a short technical pullback, and Chris Retzler

Lindsey Piegza, chief economist for Stifel Fixed Income, said that the sluggish housing market is raising red flags despite the solid economic growth seen during the second quarter, and she noted there are other warning signs popping up which could all be a part of a building recession and downturn. While not forecasting a large crash, Piegza did note that recessions typically follow inverted yield curves -- which she expects to see here soon -- by about two years. Also on the show, Greg McBride talks about

Jim Welsh of Smart Portfolios, said that gold -- which has been getting hammered in recent weeks despite rising inflation -- has the potential to rally from 1220 up to 1300 per ounce or higher by November, saying that 1350 would be as high as he could foresee right now. Meanwhile, he expects the stock market to take a small setback of as much as five percent over the coming weeks. Also, Andy Kerns discusses a recent Waterson Management Group study on how people misjudge electronic services costs, Chuck puke

Cindy Starke, manager of the Value Line Larger Companeis Focused Fund, said the outlook for brand-name big companies is generally good for the next three to five years, but that investors will want to focus on stocks with good stories and outlooks to navigate choppier investment waters that lie ahead. Also, Matt Harris and Lee Majkrzak of HighTower Advisors discuss the direction of and outlook for the bond market, Kali McFadden of LendingTree covers a survey on how much consumers can save over a lifetime by

Joseph Brusuelas, chief economist at RSM, said that rising inflation, a lack of available workers and more are contributing to some concerns for the economy and the stock market, and that trade and tariff wars are a wild-card that is more likely to hurt the economy than help it. Also, Tom Lydon of ETFTrends.com looks to Brazil for his ETF of the Week, and Dan Wiener of the Independent Adviser for Vanguard Investors makes an extended appearance in the Market Call.

Charles Rotblut of AAII journal made Netflix his Stock of the Week and put a sell on the popular video and streaming service, noting that recent numbers make the stock look poorly valued and due for a significant haircut, despite its enormous popularity. Also, George Putnam III of the Turnaround Letter has the Market Call, Chuck discusses times when less is more in running your portfolio, and we rebroadcast a recent interview with Doug Cote of Voya Investment Management, who forecast that this bull market w

Chuck is back from Israel and raring to go, taking an audience question about a portfolio that is a collection of famous names rather than a strategic approach to investing, David Trainer revisits a past Danger Zone pick, and Stan Haithcock -- Stan the Annuity Man -- gives you all the information you need to decide if an annuity is right for you and what to look for when deciding if you want to use insurance products to generate income in retirement.

When the original version of Money Life debuted in 2003, Chuck did an occasional feature called 'Why I Hate Suze Orman.' Suze heard about it and came on the show. Today on Money Life, Chuck gets in the way-back machine and goes back to that interview, but also talks about how things turned out, in terms of Suze's advice at the time and more. He also discusses how he feels about Suze and her work now, and why he doesn't do regular segments on her any more.

Tom Lydon, Eric Dowley, Diana Henriques, Amanda Dixon .