Money Life With Chuck Jaffe Daily Podcast

Modern Capital's Lowenberg: It's a new 'golden age' of fixed income

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Synopsis

Michael Lowenberg, portfolio manager for the Modern Capital Tactical Opportunities fund, says that years pf interest rates being held artificially low has created opportunities for investors looking for income now, at a point where cash can be a more tactical investment choice and closed-end funds offer good opportunities to buy income streams at a discount. He's in for the Market Call today, but Bryan Shipley of Arnerich Massena discusses behavioral economics and just how hard it is for investors to buy into financial assets at times when they are on sale. Plus, Tom Lydon of VettaFi looks to a famous brand-name index fund -- but one that's not the standard measure of the market these days -- for his ETF of the Week, and retirement columnist Brett Arends of MarketWatch discusses how seniors are more worried about running out of money than they are about death.