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Podcast: Money Life with Chuck Jaffe
Episode: BNY's Reinhart preaches caution, patience against continuing uncertainty
Description: Vincent Reinhart, chief economist and macro strategist at BNY Investments, says that Monday's temporary halt to the tariff battle between the United States and China significantly reduces the potential for a recession, but it doesn't create the clarity that investors and business leaders are seeking. He believes the U.S. will continue to deliver solid results long-term, but warns that the road to those long-term gains is likely to be bumpy, and even notes that "for now, cash looks pretty attractive." Larry Tentarelli, editor at Blue Chip Daily Trend Report, says that the market's gains Monday continue a trend...