Money Life With Chuck Jaffe Daily Podcast

Mark Newton, global head of technical strategy, Fundstrat Global Advisors, says that a healthy consumer and a market that has solid economic footing should lead to "a recession with a small R and not a capital R." Newtons says his models show a market bottoming out in July before turning significantly higher in September, thanks largely to higher interest rates already being baked into the market's expectations.  Newton says that the bear market has been in process for months, even if it was only just recognized by the media; the result is that a lot of damage was done before the headlines were made, increasing the likelihood that we are closer to the bottom than the start of trouble. Also on the show, Peter Crane of Crane Data -- publisher of Money Fund Intelligence -- talks about how rising interest rates have made money-market funds more attractive than they have been in over a decade, despite yields in the 1 percent range, Catherine Collinson discusses the Transamerica Center for Retirement Studies 2022 R