Money Life With Chuck Jaffe Daily Podcast

Lyle Fitterer, senior portfolio manager at Baird, says investors should not jump the gun expecting rate cuts just because the Federal Reserve has paused its hiking cycle and some pundits think the next move could be down. Fitterer thinks the Fed will at least keep rates higher for longer, possibly hiking some more later this year, with the economy likely to slow down into a soft landing or mild recession. Greg McBride, chief financial analyst at BankRate.com discussed the site's recent survey showing that a majority of Americans are uncomfortable with their level of emergency savings, with fewer than half having saved three months worth of expenses to guard against job loss or other personal catastrophe. And David Trainer, president of New Constructs, reaffirms three recent Danger Zone picks -- Cava, Warby Parker and Lucid Group -- for very different reasons; CAVA had a big pop off its IPO, WRBY hit New Constructs' targets as a short but have enough room to run lower that Trainer is sticking with it as a dow