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Podcast: Money Life with Chuck Jaffe
Episode: BlackRock's Spiegel: Play the megatrends in medical innovation, tech staples and more
Description: Jeff Spiegel, U.S. head of iShares megatrend and international ETFs at BlackRock, says that high inflation is not a megatrend that will last decades, but it has created an environment in which investors will want to be more selective, looking for compelling reasons for long-0term growth. Specifically, he identified infrastructure and clean energy plays, health-care innovation and cybersecurity and robotics as industries with the juice to grow now but the potential to keep growing for decades. Also on the show, Rachna Ramachandran, an analyst on the high-yield strategies team at GMO, says that junk bonds yielding 9 percent t...