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Podcast: Money Life with Chuck Jaffe
Episode: RiverTwice's Karabell: Past economic patterns don't foretell the future
Description: Zachary Karabell, president of RiverTwice Capital and founder of The Progress Network, says that investors who are looking to past economic patterns to predict what's next could be off base because, among other things, they are looking for a recession instead of trying to gauge whether we are already in one. He notes that the wide variability of potential outcomes from here shouldn't scare investors much, because the mid- and long-range outlooks generally appear to be positive, despite concerns like inflation, the inverted yield curve and more. Plus, Cassandra Rupp, financial advisor at the Vanguard Group discusses the firm's...