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Podcast: Money Life with Chuck Jaffe
Episode: Axel Merk: Two rates hikes and the Fed will go away in May
Description: Axel Merk who is president and chief investment officer of the Merk Funds and Merk Investments, says that while there are signs that the economy is improving, we're 'not out of the woods yet,' and the Federal Reserve 'can't declare victory.' Still, he thinks the central bank will get into wait-and-see mode after two more interest-rate hikes, noting that there may not be a trend reversal this year but that just stopping the hikes should be seen by investors as a good sign. Also on the show, Julie Ramhold, consumer analyst at DealNews.com, tells Chuck...