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Podcast: Money Life with Chuck Jaffe
Episode: Glenview's Stone: Stocks can overcome yield hurdle with better earnings
Description: Bill Stone, chief investment officer at Glenview Trust, says that third-quarter earnings season is likely to be where the market turns the corner to get positive year-o-ver-year comparisons, which may help the market get past the hurdle of higher interest rates and higher yields which has been a big reason why the market has struggled to have a broad-based rally this year. Stone says recession has been delayed, not canceled, though it could be well into next year before that happens. Also on the show, Simeon Hyman, global investment strategist at ProShares, discusses the firm's new funds based on eth...