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Podcast: Money Life with Chuck Jaffe
Episode: Simplify's Green sees 'a bubble on top of a bubble' for A.I. and recession ahead
Description: Michael Green, chief strategist at Simplify Asset Management, says the stock market is inflating a bubble, but that it's really "a bubble on top of a bubble" in the artificial intelligence arena, where the stocks in the industry — but also those adjacent to the technology are booming even though many have yet to prove a real ability to generate profits. Green is worried about slowing economic conditions and expects a recession to hit, barring some significant efforts by the government and/or central bankers -- in 2026. He says investors are overlooking opportunities in fixed income broadly and high-yield specifically, and...