Want to create an interactive transcript for this episode?
Podcast: Money Life with Chuck Jaffe
Episode: Leuthold's Ramsey: 'Price is a fundamental' and could drive inflation and recession
Description: Doug Ramsey, chief investment officer at The Leuthold Group, says that stock market swings have had increasing impact on economic growth and the rate of inflation in recent years — "Price is a fundamental," he says — and that means the current downturn in the stock market could deliver a recession. At the same time, if the market moves from current correction-levels to bear-market levels, he expects inflation to then ease up and to help drive a potential recovery. Charles Rotblut, editor at AAII Journal, discusses the latest investor sentiment survey from the American Association of Individual Investors, which just hit its...