Money Life With Chuck Jaffe Daily Podcast

WisdomTree's Weniger: 'We're on the cusp of recessionary conditions in the U.S.'

Informações:

Synopsis

Jeff Weniger, director of asset allocation at WisdomTree Asset Management, said that the economy was slowing globally before recent troubles and the likely temporary economic effects of coronavirus, and he expects the market to see through the slowdown being caused by the epidemic to avoid long-term trouble, but only after there is more pain market pain. Meanwhile, gas prices are falling, mortgage rates are falling and there are more conditions that will help the market and economy rebound. Also on the show, Ken Tumin of DepositAccounts.com discusses a survey about consumers' financial mistakes, Kyle Guske of New Constructs puts two stocks into the Danger Zone, and Mark Travis, manager of the Intrepid Funds, talks stocks in the Market Call.