Money Life With Chuck Jaffe Daily Podcast

Pring: We're in a primary bear market here.

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Synopsis

Martin Pring of Pring Research said that with interest rates up and the market having broken its long-term trend and falling, it puts the market in a bear-market position, one that historically has resulted in annualized losses of roughly 10 percent. He's buying government bonds and consumer staples and is lightening up on consumer discretionary and more while he waits for what he calls a global bear market to play out. Also on the Show, Steve Houston of the M-Plus discusses defined-outcome funds, Kathleen