Money Life With Chuck Jaffe Daily Podcast

Crit Thomas, global market strategist at Touchstone Investments says the market can move higher — though with a path that is more bumpy — and the economy can avoid recession, but he also notes that the market is particularly hard to read because current conditions are dramatically different than many past situations. He cites a lot of reasons — from index concentration to fallout from the pandemic — for why looking back at market data seldom yields accurate forecasting right now. Thomas does expect a market slowdown, as earnings have been impressive but growth has been muted, which should make for slower markets ahead. Sarah Wolfe, senior economist and strategist for thematic and macro investing at Morgan Stanley Wealth Management — the chairperson of the Economic Policy Survey for the National Association for Business Economics — discusses the NABE survey released today, which showed a record number of economists view current economic policy as too stimulative. The economists viewed tariffs as the biggest lo