Money Life with Chuck Jaffe

Chuck Jaffe
  • 4.3 (124)
  • Investing
  • Updated Daily

Money Life with Chuck Jaffe is leading the way in business and financial radio. The Money Life Podcast is a daily personal finance talk show, Monday through Friday sorting through the financial clutter every day to bring you the information you need to lead the MoneyLife.

  1. 1d ago

    3Edge's Cucchiaro says buy-and-hold won't work in the next correction

    Steve Cucchiaro, chief executive and chief investment officer at 3Edge Asset Management, says that the market is masking potential troubles, flirting with record highs despite having "more than 85% of the S&P 500 companies in bear markets." As a result, he says investors need to b e prepared to get defensive, riding with the "short-term factors that are propelling the market higher" without losing sight of long-term factors that are likely to slow the market. Cucchiaro says that the price-to-sales ratio today is at an all-time high by a wide margin; while this doesn't say when a correction or crash is coming, it does suggest that when a correction comes "the amount that we are at risk is very severe." He says, as a result, long-term buy-and-hold will be very uncomfortable for investors who try to ride it out without getting defensive. Anthropic's initial public offering could value the company at over $2 trillion, so John Cole Scott, president of CEF Advisors, looks at how investors can buy pre-IPO stakes using closed-end funds, interval funds and ETFs that work in the private markets, and says that getting exposure to Anthropic and other popular IPOs isn't the hard part, paying for the right wrapper is. Scott evaluates several funds of different structures to show what investors are buying, what they're paying per dollar of private exposure and why they need an exit strategy before they get in. He also discusses which fund and structure he would use for clients, and why some investors with different goals might make another choice. In the Market Call, Jeff Auxier president of Auxier Asset Management and manager of the Auxier Focus Fund, talks value investing and says "the shopping list is growing," though he is expecting and hoping for "rougher, better times" and at least a modest downturn to make more stocks attractive. Auxier notes that in times when he foresees some trouble, he's looking for stocks with earnings "strong enough to be tennis balls" – bouncing through downturns – rather than "chicken eggs," which fall and splat.

  2. 1d ago ·  Bonus

    For fans of Lele Pons: Suite 305 with Lele Pons

    Introducing Ep 12. Aniya Harvey: The Villa, Unfiltered from Suite 305 with Lele Pons. Follow the show: Suite 305 with Lele Pons Love Island fans, this is the post-villa debrief you’ve been waiting for. Recorded at Sofitel Los Angeles at Beverly Hills, Aniya Harvey checks into Suite 305 with stories she has never shared since leaving the show. From what really happened behind the scenes to the cast relationships that became even deeper once the cameras stopped rolling. But this episode goes far beyond the villa: Aniya opens up about who she is when no one is watching, the personal dreams and fears viewers never got to see, and the parts of herself she hasn’t talked about publicly before. She also delivers hot takes guaranteed to ignite your group-chat and reveals how she truly feels about becoming TV famous. Surprising, personal, and impossible to look away from, Aniya is out of the villa and showing fans a whole new side of herself. See omnystudio.com/listener for privacy information. DISCLAIMER: Please note, this is an independent podcast episode not affiliated with, endorsed by, or produced in conjunction with the host podcast feed or any of its media entities. The views and opinions expressed in this episode are solely those of the creators and guests. For any concerns, please reach out to team@podroll.fm.

    For fans of Lele Pons: Suite 305 with Lele Pons

  3. 2d ago

    Trillium's Smith sees a comeuppance for the market, economy, likely in '27

    Cheryl Smith, economist at Trillium Asset Management, says she is seeing "more economic warning signs," and worries that one of them — interest rates going up, but much later than might have been anticipated based on headlines — could be setting up a compressed timeline for increases, with the rapidity of the move creating more problems than would have surfaced in a slower uptrend. On the stock market, Smith says the rising interest rates will have an impact that, coupled with slower earnings and turns in the artificial-intelligence market make it that "You will see a considerably more difficult path for equities in 2027." In the Market Call, Eric Marshall, president of Hodges Capital Management and co-portfolio manager on three of the Hodges Funds, talks about bottoms-up stock-picking and the small-cap market . Plus, Stan Haithcock — best known as "Stan the Annuity Man" — returns to the show to answer questions, including one from a listener who is nervous about the stock market and looking to take some money out without losing the income stream that those dividends have been delivering.

  4. 3d ago

    LPL's Kerr: The longer oils prices stay high, the less the market can ignore it

    Kristian Kerr, head of macro strategy at LPL Financial, says that the market has shaken off the impact of higher oil prices, leading investors to a sense of complacency, where they think only a much higher spike in crude prices will upset the economy. He feels, however, that "the longer we are at these levels the harder it becomes to ignore," noting that the same kind of thinking can also be applied to rising bond yields, where the market is deciding just how real the fears are, but where they can't ignore the issue indefinitely. Kerr isn't calling for a major market reversal, but more for caution and diversification, because he believes that at some point many of the fears over headline risks will be realized. Author Daniel Goldie discusses his new book, out today, "The Retirement Answer: The 6 Key Decisions Every Retiree Needs to Make," which covers timing, Social Security , Medicare, distribution strategies, investments and legacy choices In the Market Call, Aniket Ullal, head of ETF data and analytics at CFRA, discusses exchange-traded funds, which sectors appear to be in favor now, the difficulties in evaluating newfangled funds with options overlays or leveraged, single-stock strategies and more.

  5. 4d ago

    Asbury Research's Kosar: This 'great market' is built on 'tenuous' footing

    John Kosar, chief market strategist at Asbury Research, says this is "one of the oddest markets" he's seen, with stocks nearly at record highs, two-decade highs in the yield of long-term Treasury bonds, a war, tariffs, oil priced at over $100 per barrel, and yet less stocks are making fresh highs and the Magnificent Seven stocks are carrying the load for the entire market. If the "big gorilla stocks" falter — which Kosar says is likely at some point — the market could topple like a Jenga tower. Kosar isn't out of stocks yet, but he's watching volatility and more, prepping to play defense soon. Josh Wein, portfolio manager at the Hennessy Funds, says that oil prices -- rather than Federal Reserve rate hikes — are "the big wildcard for the market" right now, noting that he expects the market to easily absorb the first two increases, and maybe more. One reason for that, Wein says, is that it's now earnings — rather than the Fed -- that are driving the market and investor sentiment. Wein, who manages 10 funds at Hennessy, says he expects a small rally as third-quarter earnings come out, getting better into the end of the year. Jeff Muhlenkamp, portfolio manager for the Muhlenkamp Fund, explains in the Market Call why his fund is holding a larger allocation to gold and gold miners than ever before in its long history, discusses valuation concerns around earnings and talks about why the "hold" decision is as important as the buys and sells.

  6. 5d ago

    New Constructs' Trainer makes it official: This is an A.I. bubble

    David Trainer, founder and president at New Constructs has been cautious about artificial-intelligence stocks for a long time, noting that few of them pass his firm's rigorous evaluation criteria to be "attractive" investments, but he now says that liquidity concerns for the big-name A.I. players have him convinced that the market is in an A.I. bubble. That doesn't mean a crash is imminent — he notes that "Bubbles can go on for a long time" — but he says that once liquidity dries up, trouble will come quickly. Trainer says recent signs of shrinking liquidity include: delayed IPOs, "skyrocketing borrowing costs," a rapid rise in the cost of default credit swaps (which protect investors against default), " and a "risk-free rate" that's saying it's way more expensive to borrow. It adds up to a building problem that he says is closer to the edge, but is largely ignored in the other, more popular conversations about what's potentially wrong with A.I. Joanne Bianco, senior investment strategist at BondBloxx, says that the surge in Treasury yields to levels not seen in decades "is beyond most people's expectations," but she says higher rates haven't been scary yet because strong economic conditions have kept the market stable. That will persist for at least one more rate hike by the Federal Reserve — which the market already seems to be pricing in — but how she says it is less clear how the market will respond if there are more hikes down the line. She discusses the parts of the yield curve and risk spectrum she finds most attractive right now, given the rate picture, inflation and more. And — in an interview that goes in directions opposite to the others — Vijay Marolia, chief investment officer at Regal Point Capital, says he's not buying A.I. panic stories, noting that he believes they are mostly about the industry's powerbrokers trying to create "regulatory capture," using rules where the real purpose is to protect their current competitive advantages. He also discusses the sudden rise in bond yields and the potential risk that poses to bond fund investors, suggesting they'd be better off holding bonds directly, planning to capture the yield to maturity, and using a laddered approach so that higher-rate paper is routinely being added to the portfolio as rates climb. Plus, Vijay talks about the rise in 401(k) millionaires, and how it's more a phenomenon of market growth and inflation than a meaningful milestone, noting that savers should focus on their needs and whether their plan and savings level will get them to a level of sufficiency.

  7. Sep 25

    Invesco's Levitt: 'The onus is on the bears' to prove there's trouble ahead

    Brian Levitt, chief global market strategist at Invesco, says investors are watching dual forces at play: a structural growth story in artificial intelligence and a cyclical upswing in the global economy. That has allowed the market to "absorb all of this," from higher oil prices and rising Treasury yields to the first of what will likely be multiple interest-rate hikes by the Federal Reserve. Levitt discounted most of the worrisome factors investors have been focused on with the market, saying "The onus is on the bears at this point" to show that potential troubles will play out. He doesn't believe that stocks are overvalued or that higher energy prices or borrowing costs will break the artificial-intelligence development cycle, which he thinks remains in its early stages of powering the market higher. In The NAVigator segment, Matt Kence of Aberdeen Investments, discusses  the current state of the high-yield market and how it has been responding to rising interest rates. Kence, the portfolio manager for the Aberdeen Credit Income Strategies fund says fundamentals remain fundamentals remain surprisingly robust, leverage levels overall are moderate and interest coverage remains strong, with defaults in the high-yield space well below long-term averages. Kence also discusses the impact that artificial intelligence is making on the market, noting that A.I.-adjacent industries like power generation feel stable but have narrow spreads, making A.I.-direct companies the better pick for attractive opportunities right now. Plus, Natalie Iannello of Digital Third Coast discusses survey research done for BPG Inspections which found that 44% of Americans have experienced a moving issue or scam. Among the most-common problems encountered during moves: hidden fees or unexpected upcharges, belongings damaged without compensation, and delayed delivery.

  8. Sep 24

    Afford Anything's Pant: 'You can't eat your 401k balance'

    Paula Pant, host of the Afford Anything podcast, says there are reasons why Americans feel like they can afford nothing these days, despite a stock market and economy that clearly are representing good times, noting that individuals are stuck in the contrast between rising asset values and stagnant income. "Your 401k balance might be doing really well, but you can't eat that," she says, which creates some level of financial strain. Pant also covers the importance of understanding inflation, setting spending priorities so that you can, indeed, afford anything while recognizing that you can't afford everything. Personal finance expert Jean Chatzky discusses her latest book, "The Forever Paycheck: The New Retirement Strategy to Spend More, Worry Less, and Never Run Out of Money," and how she has come to see that much of conventional financial planning is focused incorrectly on how much someone needs to save rather than centering on how to generate sufficient income to live out their lives comfortably and without compromising on the things they most value. Beyond discussing how to create a lifetime paycheck using bank accounts, bonds and annuities, Jean highlights research showing that people with a structured income feel free to spend more of their money, rather than keeping their life savings tied up out of a fear of running out of money. Plus, Melissa Stephenson discusses survey research done for CGTrader.com, a 3d model marketplace, which showed that rising costs have been impacting home repairs, with more than 60% of homeowners recently delaying repairs due to cost, and the same percentage saying that those higher costs make them more likely to try fixing something on their own rather than hiring an expert. Nearly half of the respondents said they could not comfortably cover a $250 surprise repair out of pocket.

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4.3
out of 5
124 Ratings

About

Money Life with Chuck Jaffe is leading the way in business and financial radio. The Money Life Podcast is a daily personal finance talk show, Monday through Friday sorting through the financial clutter every day to bring you the information you need to lead the MoneyLife.

Information

  • Creator
    Chuck Jaffe
  • Years Active
    2012 - 2026
  • Episodes
    2K
  • Rating
    Explicit
  • Copyright
    ℗ & © 2026 Money Life Radio, Inc.
  • Show Website
    Money Life with Chuck Jaffe

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