Want to create an interactive transcript for this episode?
Podcast: Money Life with Chuck Jaffe
Episode: 3EDGE's Folts: We're cautious, playing defense with real assets, TIPS and more
Description: Fritz Folts, chief investment strategist at 3EDGE Asset Management, says he is doubtful that the market's current rally can go on for too much longer, and when he sees profit levels decline it will be time to lighten up on equities and buckle up for a recession and downturn. In The Big Interview, he says the firm is diversifying and nimble, with real assets, TIPs and other fixed-income securities providing ballast to a portfolio that includes a lot of international exposure to balance out domestic equities. Greg McBride, chief financial strategist at BankRate.com discusses the firm's recent survey...