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Podcast: Money Life with Chuck Jaffe
Episode: BlackRock's DeSpirito: 'Volatility is a really good opportunity set'
Description: Tony DeSpirito, global chief investment officer of fundamental equities at BlackRock -- lead portfolio manager of the BlackRock Equity Dividend fund -- says that the Federal Reserve will be more concerned with inflation than deflation for the next three to five years, keeping interest rates relatively high and creating more market volatility; he says that increased back and forth will make for good opportunities for active management to deliver market-beating results. DeSpirito is looking for some of that performance from health-care stocks, in Japan and by focusing on quality as an investment factor. Also on the show, Cam Miller...