Money Life With Chuck Jaffe Daily Podcast

Sanchez: Modestly overweight equities, defensive on fixed income.

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Synopsis

Ron Sanchez, chief investment officer, Fiduciary Trust Company International, said the market is transitioning from a low-risk, high-return environment towards heightened risk and lower returns, a situation he expects to be in place for at least the rest of the year. Also, Patricia Oey of Morningstar discusses fund fees, David Trainer of New Constructs puts a housing-related stock in the Danger Zone, and Toby Loftin of the NYSE Pickens Oil Response ETF (BOON) covers the oil patch and what's next for energy