Money Life With Chuck Jaffe Daily Podcast

Nuveen's Nick: A 'soft-ish landing,' mild recession and good yields lie ahead

Informações:

Synopsis

Brian Nick, chief investment strategist at Nuveen, says that a soft landing for the economy is achievable, so long as inflation comes down without dramatically increasing the unemployment rate. He says it's 'so far, so good,' in terms of current conditions, though he notes it is still early. Nick expects a mild recession in 2023, but says 'Investors can get some pretty good deals with some of the yields that are available across the spectrum in fixed income, and that includes the equity markets too,' noting that dividend payers and growers are well positioned for the New Year. Dave Breazzano of Polen Capital Credit talks about the state of the corporate credit and high-yield markets, noting that the market's expectation that high interest rates will create more bankruptcies has priced paper attractively for investors who don't expect a spike in defaults. Also on the show, investment analyst Kyle Guske of New Constructs puts Five9 in 'The Danger Zone' as the latest 'zombie stock' with a destiny of running out