Money Life With Chuck Jaffe Daily Podcast

SLC's Mullarkey: Market is pricing in a soft landing with the worst behind us

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Synopsis

Dec Mullarkey, head of investment strategy at SLC Investments, says that 'everything is lining up pretty well that the Fed can shepherd the economy to the other side,' and that the markets are starting to agree with that conclusion, expecting a soft landing -- anemic growth but avoiding a deep decline -- and price improvement from here. Mullarkey also notes that he sees 2023 as 'the year of the yield,' which he described as 'a great opportunity to go to the fixed income buffet table and pick from it right now,' noting that he particularly likes U.S. corporate bonds. In The Book Interview, author Drago Dimitrov, discusses what he thinks investors should really know about the underlying operations of the stocks they purchase, as covered by his book 'What Does This Company Do? Understanding a Business and its Risks' David Trainer, president at New Constructs, takes that conversation a step further as he discusses a real-estate company that's a 'zombie stock,' but also part of a troubling wave within an industry.