Money Life With Chuck Jaffe Daily Podcast
Schwab's Wander: It's time to increase your exposure to credit
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 1:00:45
- More information
Informações:
Synopsis
Brett Wander, chief investment officer for fixed income strategies at Schwab Asset Management, says that if yields start to fall in money markets -- which will happen whenever interest rates get cut -- he would expect investors to turn to credit to get better returns. With that in mind, he thinks investors should be looking at investment-grade and high-yield credit now. He also suggests that investors go out the yield curve now -- even though it seems like they're not being paid for the risk -- to lock in the long-term rates and reduce reinvestment risk. Michael Sincere -- author of Michael Sincere's Long-Term Trader -- says the technical conditions suggest that the market is likely to keep drifting higher through the summer before taking a hit in the fall when current worries take root. Plus, forensic accountant Tracy Coenen talks about finding the treasure map to uncover where a spouse might be hiding money, and Joe Rinaldi of Quantum Financial Advisors talks stocks and ETFs int he Market Call.