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Podcast: Money Life with Chuck Jaffe
Episode: RSM's Brusuelas: 'It's a soft landing,' and a mid-cycle take-off could be next
Description: Joseph Brusuelas, chief economist at RSM, says that the market "is a bit out over its skis" in terms of when the Federal Reserve will start cutting interest rates and how many cuts will happen in 2024, but that may create volatility and determine whether there is another rally in the current cycle. Brusuelas says the economy is in the middle of a soft landing and keeps looking strong, which should mute or limit just how much slowing happens moving forward. Jeffrey Bierman, founder of The QuantGuy.com and chief market technician at TheoTrade.com, says the market is overextended...