Money Life With Chuck Jaffe Daily Podcast

Shelton's Rosenkranz: Market will punish your bad fixed income choices now

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Synopsis

Jeff Rosenkranz, manager of the Shelton Tactical Credit Fund, says the economy and rate cycle are both reaching inflection points, making it tricky to make moves in fixed income without risking being wrong and facing punishment that's "severe". As such, he suggests moving up in credit quality, avoiding undue risks and starting to lengthen maturities, planning for rates to start going lower in six to nine months when the Federal Reserve has pushed the economy to where inflation finally recedes. Also on the show, Toby Eng discusses the latest results from Northwestern Mutual's 2023 Planning and Progress Study, showing that nearly one-third of Americans lose sleep at least once a month due to financial uncertainties. In the Market Call, Conrad Doenges, chief investment officer at Ranger Investment Management, makes his first appearance on the show and discusses small-and micro-cap investing.