Money Life with Chuck Jaffe

Chuck Jaffe
  • 4.3 (123)
  • 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. 17h ago

    3Edge's Folts: Be diversified, because 'It's impossible to game where this goes'

    Fritz Folts, chief investment strategist at 3EDGE Asset Management, says he has pulled back slightly on equity exposure but gone deeper into a diversified approach because the market has been crazy, driven by investors' fear of missing out, sky-high expectations and more, to the point where the key is to participate and not be wrong because you are taking chances on what amounts to a wild guess. If Folts had to guess, he'd expect the stock market to have a bumpy ride in the second half of the year, finishing roughly flat from current levels. Michael Monaghan, founder and portfolio manager of the Founder ETFs makes his debut in the Market Call, talking about his firm's methodology, which focuses on companies where the original founder remains in the driver seat. Research shows that founder-led companies tend to outperform for several reasons, notably that the entrepreneurs behind them have a long-term vision and are not swayed by short-term market noise or pressured to produce a quarterly profit. Monaghan, who runs the Founders 100 ETF, discusses how founder-CEOs influence giants like Nvidia and Meta Platforms and how a portfolio of these stocks can expect more stable long-term performance.  In the ETF of the Week segment, Todd Rosenbluth, head of research at VettaFi, focuses on a value fund from T. Rowe Price that just hit its third anniversary, gaining roughly 30 percent over the last 12 months

    1h 1m

  2. 1d ago

    Schwab's Sonders on the need to diversify your strategy in A.I.

    Liz Ann Sonders, chief investment strategist at Charles Schwab & Co., says that "there is so much short-attention-span money driving the market right now ... looking for the shiny new object," that investors want to diversify throughout artificial intelligence businesses, taking profits  and rebalancing especially when specific stocks go parabolic, to capture profits and avoid some of the volatility being created by enormous expectation levels. Sonders says that an "aggregate recession" remains "a ways away," but she notes that there have been rolling recessions, with services weaking currently, coming off a manufacturing decline earlier in the year. As a result, she suggests considering sectors that could be in line for pullbacks rather than expecting a credit crunch or a mistake by regulators to create a broad-based decline. Justin Baer discusses his new book, "House of Fidelity: The Rise of the Johnson Dynasty and the Company That Changed American Investing," and digs into some of the details that turned the notoriously secretive and private company from a firm for Boston elites into a the investing powerhouse whose accounts and funds touch the lives of one in five American adults. Niki Glen, Northwestern Mutual wealth management advisor discusses the latest data from Northwestern Mutual's 2026 Planning & Progress Study, which showed that true financial independence remains beyond the grasp of many Americans. One in five U.S. adults believes they will never achieve financial independence, which is borne out in survey results showing that more than 40 percent of adults — including a surprisingly high percentage of Baby Boomers, who are all at or beyond retirement age — continue to rely on their parents for financial support. More than half of Millennials (who range between 30 and 45 years old) were still dependent on financial help from their family.

    1h 3m

  3. 2d ago

    Allspring's Bory: Bond investors should capture the Fed's 'uncertainty premium'

    George Bory, chief investment strategist for fixed income at Allspring Global Investments, says the market is "overshooting" in expecting considerable rate hikes soon. He thinks the central bank will be patient, and that the Kevin Warsh regime got off to its intended start last week by giving less guidance and accepting more volatility as a result. He suggests that investors should look to capture the current "uncertainty premium" that has been created by a wide dispersion of opinion — with some major players expecting rate hikes while others are calling for renewed cuts — and that will boost intermediate-term yields at least until the rate picture becomes clearer. Tom McClellan, editor of The McClellan Market Report, says that the McClellan Oscillator — the indicator created by the family firm to measure market breadth — "is seeing dead nothing," hovering around the neutral level, suggesting that the market "is in pretty much of a doldrums." He expects to see a seasonal summer decline, especially in a midterm election year, but it's not happening yet, which is why McClellan says there's not likely to be much trend until late October. He sees "a boring market" for the rest of the year but expects 2027 to be strongly positive, barring mistakes from the Federal Reserve. Author Igor Pejic discusses his new book, "Tech Money: A Guide to the New Game of Technology Investing," out today, noting the places where technology investing has changed and how different current times are from the last technology wave, the Internet boom, that drove the market into bubble times.

    1h 3m

  4. 3d ago

    StockCharts' de Kempenaer; Don't jump in front of this 'freight train' of a market

    Julius de Kempenaer, senior technical analyst at StockCharts, says the stock market right now is "technology against the world," and he expects that it will turn and correct, but he's not willing to put his portfolio on the line and move early, because it would put him in the path of a speeding "freight train." de Kempenaer says he can "hear what the bears are saying," and doesn't necessarily disagree with them, but he says he needs to see more signs of weakness -- like the market starting to favor defensive sectors even as it is rising -- to suggest that a downturn is near. Yalena Maleyev, senior economist at KPMG Economics – a member of the Outlook Survey Committee for the National Association for Business Economics – discusses the June 2026 NABE Outlook Survey, released today, which had the economists calling for lower and slower economic growth, higher inflation and a longer time before the Federal Reserve eases interest rates. The median expectation for personal consumption expenditures (PCE), the Fed's preferred inflation measure, rose to 3.6% for the fourth quarter. Despite those worrisome economic numbers, nearly two-thirds of the economists surveyed expect that the U.S. can forestall a recession until 2028 or later. In "The Week That Is," Vijay Marolia, chief investment officer at Regal Point Capital, discusses Kevin Warsh's debut as the chairman of the Federal Reserve, which included a hawkish stance, no dot plot or forecasting help, and a terse public statement. He also discusses the news that Charles Schwab Corp. is planning to enter prediction markets, which he says could speed up both public acceptance and regulatory scrutiny of prediction markets, and he gives his take on why the housing affordability problem is worse right now than it generally gets credit for. Plus, David Trainer, founder and president at New Constructs, puts the State Street S&P Kensho Final Frontiers ETF in the Danger Zone, noting that while the fund gets a five-star rating from Morningstar, it is filled with stocks "that are losing money hand over fist, all going after a very trendy topic ... which is hard to quantify," a condition that he says reminds him of the Internet bubble days.

    1 hr

  5. Jun 18

    John Hancock's Miskin says IPO boom could be a sign of a bubbly market

    Matthew Miskin, co-chief investment strategist at John Hancock Investment Management, says that the current stock market has been driven to record highs on the back of strong earnings that have overpowered economic concerns, but he notes that the stock market bubble that inflated during the Internet boom of the late 1990s grew on the backs of companies with no real earnings. As a result, with IPOs like SpaceX dominating the headlines, Miskin is preaching caution, noting that these attention-grabbing stocks are coming public without profits. Miskin says that's a rising risk, but that inflation is less of a risk than it was just a few months ago, and he believes there may be pockets of downturn or slowdown, but that should push investors to diversify, rather than to overhaul a portfolio or back away from equities. Todd Rosenbluth, head of research at VettaFi, looks at a free-cash flow factor fund that has a stellar track record and that will celebrate its third birthday next week for his ETF of the Week. The birthday is important because it makes the fund eligible for ratings that will signal its stellar performance even more strongly to investors. Ken Burdon, partner in the registered fund practice at Simpson, Thacher & Bartlett, discusses a recent Supreme Court ruling that's a game-changer for activist investors in closed-end funds.  Critics of activism have long held that professional arbitrageurs used federal courts to pressure closed-end funds into deals that benefit activists' at the expense of the long-term objectives of ordinary shareholders. Burdon says the decision  doesn't stop the activists from pursuing cases but removes a key path that activists took to pursue their actions much more quickly and easily.

    1h 2m

  6. Jun 17

    Interactive Broker's Sosnick: 'I can't fight the tape, but I can't embrace it either'

    Steve Sosnick, chief market strategist at Interactive Brokers, entered the year expecting the stock market to be down in 2026, and while stocks have overcome the gravity he saw weighing it down, he thinks there is trouble on the horizon. "We've become very detached from basic fundamentals and very much focused on ... betting the longshot, that it's going to come in," Sosnick says in today's Big Interview. "Either we reach an extreme level and grow into it ... or we overshoot the target and have to correct a bit and I hope it's nothing worse than a garden-variety correction." Catherine Yoshimoto, director of product management for the Russell U.S. Indexes at FTSE Russell, discusses the 2026 semi-annual Russell U.S. Indexes Reconstitution, which is underway now and concludes on June 26. The process — which resets the index but also defines the size it takes  for a stock to be large-, small- or micro-cap  is-resetting the bar for large-cap investments at roughly $5.7 billion. That's up nearly 25% from a year ago, reflecting huge gains for the Magnificent Seven stocks (up nearly 50% in size from a year ago) but also broad-based growth across market segments. In the Market Call, Kathy Boyle, president of Chapin Hill Advisors, talks about using ETFs to play defense, leaning into precious metals and commodities and other areas to protect against downside risk that she expects will materialize when the market starts to lose its momentum.

    1h 1m

  7. Jun 16

    Value investor Davis on how investing is changing in the age of A.I.

    Chris Davis, chairman and portfolio manager at Davis Advisors discusses how every technological revolution — dating back to the days of the printing press but extending to the artificial-intelligence boom bow — goes through the cycle of "Amara's Law," in which the effects of a technology are overestimated in the short run but underestimated over the long term. As a result, Davis says investors are putting too much into the hype phase around AI, without looking at the long-term picture. Davis, in The Big Interview, echoes his recent paper on "Investing in the A.I. Age," which suggests that companies will fall into five categories: "emerging winners, enablers, users, insulated businesses and the walking dead," and talks about how investors can navigate the changing market and avoid the pitfalls of the latest technological evolution. Davis is not the only value manager discussing the current market on today's show. In the Market Call, John Dorfman — a long-time classic value manager and the chairman of Dorfman Value Investments — gives his take on how current conditions have created some changes to the investment processes that have defined his career, noting that they are subtle but substantive in delivering better returns than many investors expect the value style to deliver in a growth-dominated market. In today's "Talking Technicals" segment, Matt Fox, president of Ithaca Wealth Management, says that the stock market is poised for more gains and new highs, and that investors should "hold on and ride the trend higher for sure." Fox discusses technical measures based around long-term trends, and he sees the Standard & Poor's 500 suprassing 10,000 and the Nasdaq 100 45,000 in "around two years." While he does see garden-variety corrections occuring in that time frame, Fox set S&P 7,000 as a key support level, noting it is possible there's a setback that low, even as the overall trend is upward.

    1 hr

  8. Jun 15

    Man Group's Hooper: A priced-for-perfection market is poised for trouble

    Kristina Hooper, chief market strategist for Man Group, says the market is entering a "greater discernment phase," where companies have been priced for massive growth and "incredibly high standards," setting up potential disappointment as investors become more picky while the AI revolution plays out. Hooper says this is a natural progression, one that investors saw during the Internet boom, as it started to fade. "I don't consider it a bubble," Hooper says, "but I do think that there is a timer that's ticking. Many investors are expecting to see monetization sooner rather than later; we don't know how much time they will give some of these companies." Hooper says the market's strong start to this year has lowered her expectations for the rest of the year, making her more pessimistic, raising the possibility of a technical recession — two quarters of negative GDP growth — as the economy works through its issues. In "The Week That Is,"  Vijay Marolia, chief investment officer at Regal Point Capital, says that the record-breaking initial-public offering of SpaceX didn't change his mind about owning the stock, and in fact raised more issues about whether the hype around the company's "total addressable market" is real. He also discussed whether 2026 — with Anthropic and OpenAI also set for huge stock launches — is the "Year of the IPO," warning it may be more a time when venture capitalists are cashing out. Plus, he examines an alarming statistic about planned capital expenditures as a percentage of incoming revenues for the hyperscalers, a level currently set so high it's reminiscent of the end of the Internet boom. Kyle Guske, investment analyst at New Constructs, revisits Cava Group, which was first in The Danger Zone before its IPO in June of 2023. The stock is up about 100% since last November, but Guske says that just raises the potential for it to crater, again (it lost half of its value late last year), which is why it's back in the Danger Zone now.

    55 min
See All (2K)

4.3
out of 5
123 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
    Clean
  • Copyright
    ℗ & © 2025 Money Life Radio, Inc.
  • Show Website
    Money Life with Chuck Jaffe

You Might Also Like