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Podcast: Money Life with Chuck Jaffe
Episode: Crossmark's Fernandez: The piper's bill is coming due next year
Description: Victoria Fernandez, chief market strategist at Crossmark Global Investments, says investors will have to pay the piper for the market's last two years of out-sized gains, and she thinks the music will start playing early in 2025. While she thinks the market will avoid a big recession and/or market crash — and in fact thinks the market will rebound quickly around the mid-year mark — she thinks earnings will slow, incomes may fall and the consumer will start to cut back after the holiday season, which will contribute to that period where the market cools. Plus, investors flooded into certificates of depo...