Money Life With Chuck Jaffe Daily Podcast

Joe Ferrara, investment strategist at Gateway Investment Advisers, says that a recent study done by his firm shows that many recent drivers of short-term market swings won't matter over time, because 'long-term returns after years like we had last year in 2022 are attractive but volatile,' which is precisely what he expects for the remainder of this year. Moreover, Ferrara notes that history indicates that -- if history holds true -- the market is likely to show a good five-year stretch after the troubled year, although that period will be rocky and is likely to include one down year too. Also on the show, Tom Lydon, vice chairman at VettaFi, goes back to the Vanguard Group for the second week in a row -- a rare move for him with any fund family -- to find his ETF of the Week, and Martin Leclerc, chief investment officer at Barrack Yard Advisors, says in the Market Call that he believes the market and economy have reached 'a generational pivot point' caused by the current form of capitalism 'not working for e