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Podcast: Money Life with Chuck Jaffe
Episode: Payden's Crawmer: Position yourself for a soft landing
Description: Tim Crawmer, chief global credit strategist at Payden & Rygel, says that the rise in the unemployment has not been driven by layoffs but rather by more people looking for work, which is a positive sign for the economy. Coupled with other good looks -- like the continued strength of the consumer pushing robust GDP expectations -- it should convince individual investors to position their portfolio "with the expectation that they will see a soft landing." Still, Crawmer, notes that high valuations may limit the potential upside, putting just a bit of caution on the optimism. Todd Rosenbluth, head of r...