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Podcast: Money Life with Chuck Jaffe
Episode: Tom McIntyre: Obsession over the Fed is 'a complete waste of time'
Description: Tom McIntyre, president of McIntyre, Freedman & Flynn, says that "this obsession with Fed policy is misplaced," noting that government spending has helped prop up the economy and hidden weakness in the economy. He's concerned about "overall slippage" in the economy; as an investor who factors the news into his investment choices, McIntyre is staying away from retailers and most financial names, but is gravitating toward utilities and energy producers, as well as companies that are part of the artificial intelligence space without necessarily being the big players. Speaking of the Fed, JoAnne Bianco, investment strategist at BondBloxx, says that...