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Podcast: Money Life with Chuck Jaffe
Episode: RSM's Brusuelas sees a 'healthy' market correction amid economic strength
Description: Joseph Brusuelas, chief economist at RSM, says the economy is reasonably healthy and has been resilient amid difficult headlines, which make it likely to accelerate as rate cuts, tax cuts and deregulation kick in and provide a spending boost. At the same time, Brusuelas says he thinks the market is building "bubbles and period of over-speculation where there's a concentration of risk in one area of the equities market," which could lead to "a healthy correction" that brings the market back to earth and squeezes out the speculators. David Trainer, founder and president at New Constructs, has...