Money Life With Chuck Jaffe Daily Podcast

Baird's Stanek: Expect volatility as economy reverts to long-term trendlines

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Synopsis

Mary Ellen Stanek, co-chief investment officer at Baird Advisors -- a firm known best for bond investing -- says the Federal Reserve has delivered better than expected results, and while there is plenty of expectation of a reasonably soft landing, buckle up and protect your portfolio because volatility won't be going away even as the economy and the market revert to their long-term historical trends for key indicators like growth, inflation and more. With just days left on the 2023 calendar, Kelly Lannan discusses Fidelity's annual resolution survey, which shows that struggles with inflation have more people looking at setting financial goals this year, although many may have lowered their sights in picking targets for the year ahead. Plus, hedge-fund manager Lukasz Tomicki of LRT Capital Management talks stocks in the Market Call.