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Podcast: Money Life with Chuck Jaffe
Episode: Leuthold's Ramsey: Post recession, a major buying opportunity' in 2023
Description: Doug Ramsey, chief investment officer at The Leuthold Group foresees 'the best buying opportunity in the global stock market for at least a decade' to come into view after the market goes through a recession and some pain in the first half of 2023. He believes that valuations will reflect the economic ills first, saying investors should be prepared for 'significant further losses' of as much as 25 percent before the market reaches the purchasing point. Talking technical analysis, Chris Vermeulen, chief market strategist at The Technical Traders certainly agrees with the assessment that trouble is coming, but he believes the...