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Podcast: Money Life with Chuck Jaffe
Episode: GMO's Inker: 'Most recessions don't really matter'
Description: Ben Inker, co-head of asset allocation for GMO, says that recessions come and go and don't leave 'much of alasting mark on either the economy or the markets,' so while he expects the ecoomy to go through a recession soon, he's not sure it matters to long-term investors, particularly those in value stocks, as he talks about a recent paper debunking the idea that underpriced stocks door poorly during economic downturns. Also on the show Susan Fahy of VantageScore says that the firm's most recent Credit Gauge shows that the K-shaped recovery is continuing to punish the have-nots; s...