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Podcast: Money Life with Chuck Jaffe
Episode: AAM's Colyer says Fed has made it clear this is a time for risk-on
Description: Scott Colyer, chief executive officer at Advisors Asset Management, says he is cautious right now, but the cyclicals, materials, energy and health care tend to be strong during periods when the Federal Reserve is bringing interest rates down. He suggests riding that trend, saying "You take your cue from the Fed, now is the time that you want risk-on. Kendall Dilley, portfolio manager at Vineyard Global Advisors, says he expects the stock market to have its average draw-down of 14 percent at some point this year, but he expects it to be a buying opportunity for long-term investors. Plus, Axel...