Money Life With Chuck Jaffe Daily Podcast

Market is showing signs that 'less bad can turn into a good thing'

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Synopsis

Matt Harris, chief investment officer at The Hausberg Group, says that it has been a market year of extremes, a polarizing year where the stock and bond markets have been oversold, gold has been overbought and investors and their emotions have been whipsawed by the moves. Yet he sees many of the factors creating those conditions as mitigating and calming down now, and as those factors stabilize he notes that things will get 'less bad,' which should be enough to keep the market on solid footing and with slow gains moving forward. Craig Callahan, founder / CEO, ICON Advisers; author, “Unloved Bull Markets” (3/17 & 3/18); iconadvisers.com Craig Callahan, chief executive at ICON Advisers returns to the show, following on Thursday's discussion about his book on bull markets, noting that he sees stocks on average right now to be about 9 percent below the firm's fair value estimate right now. Further, Callahan says that 2022 may be a year where there are positive outcomes despite no catalyst for a market rally,