Money Life With Chuck Jaffe Daily Podcast

Michael Rosen, chief investment officer at Angeles Investments, says that while he believes the Federal Reserve is done increasing interest rates, it's not yet close to cutting them, and investors will want to lock in good returns for the longer term, so he is starting to lengthen maturities now to protect against reinvestment risk. Rosen notes that he does not currently expect a severe economic downturn in 2024, because he doesn't see the major imbalances or problems that typically cause a recession. Also on the show, Ted Rossman discusses a new Bankrate.com study which shows that holiday tipping -- annual gifts to service workers people see regularly rather than the kind of tipping that happens in restaurants -- is on the rise this season, despite economic conditions which would seem to motivate pullbacks, David Trainer of New Constructs weighs in on energy -- the top sector for stocks right now -- and real estate (the worst) in The Danger Zone, and Peter Tuz, president of Chase Investment Counsel, talks ab