Money Life With Chuck Jaffe Daily Podcast

Horizon's Ladner is more concerned about the next six weeks than six months

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Synopsis

Scott Ladner, chief investment officer at Horizon Investments, expects the market to start a new leg up and rally, but he notes that it has to go through a shake up and get to where rate cuts start before that uptick starts in earnest. Ladner notes he is "a whole lot more confident about the next six months than the next six weeks," noting that current conditions — with steady or falling interest rates and growth in earnings — "doesn't translate into bad markets." While those conditions don't always portend bull markets, those conditions do tend to drive markets higher. Jeffrey DeMaso, editor at The Independent Vanguard Adviser, discusses Vanguard PRIMECAP and PRIMECAP Core, two classic growth funds that were closed to new investors for 20 and 15 years respectively; Vanguard just re-opened the funds and DeMaso discusses who they are right for. Greg McBride of BankRate.com discusses the site's latest Emergency Savings Report, which showed that nearly 60 percent of Americans are uncomfortable with their level o