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Podcast: Money Life with Chuck Jaffe
Episode: LPL's Quincy: Futures market is signalling 'something material' going wrong
Description: Quincy Krosby, chief global strategist at LPL Financial, says that the market is suggesting the possibility of a rate cut coming from the Federal Reserve by September, and that won't happen if conditions are fine. With a solid labor market and low unemployment, Krosby says the market is still range-bound and struggling to sort things out, but the futures market is signalling that trouble must be afoot. Also on the show, Jim Baker, co-head of energy infrastructure at Kayne Anderson Capital Advisors, talks about the strong opportunity in the sector over the next few years, despite recession concerns, and...