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Podcast: Money Life with Chuck Jaffe
Episode: Natixis' Janasiewicz: It's a range-bound market, and we're near the top
Description: Jack Janasiewicz, senior vice president and portfolio strategist at Natixis Investment Managers, says the market is in the middle of "one big range trade, and we're probably a lot closer to being at the top of the range rather than the bottom," which means there is more likely room to move down from here rather than to post big gains. Janasiewicz says the the slowing economy needs more time to work through the hard data, which will take time, and will likely lead to a volatile market within the current range. Janasiewicz says the market must also deal with...