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Podcast: Money Life with Chuck Jaffe
Episode: The election year won't stave off market, economic woes
Description: Two different analysts -- looking at the economy and market from varying viewpoints -- agree on today's show that there is trouble ahead for the stock market and economy in 2024, and that the election cycle -- which historically holds that presidential election years are good times for the market -- isn't going to be able to keep trouble at bay until 2025. Erik Weisman, chief economist and portfolio manager at MFS Investments, says that the Federal Reserve's actions have postponed recession and a reasonably soft landing into 2024, but notes that he is looking for safe havens in bonds -- where...