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Podcast: Money Life with Chuck Jaffe
Episode: Glenview's Stone: Look out far enough, and today is a buying opportunity
Description: Bill Stone, chief investment officer at Glenview Trust, says that buying smart in the stock market requires making investments when they feel bad, which despite this week's rally is still the case today. He foresees some recessionary troubles for 2023, but thinks the recovery from a bear market will be "normal" and likely accomplished within two years. Thus, even while he warns that earnings and conditions will look worse in the short run, the long run will benefit people who keep investing now. Likewise, Buck Klintworth, senior vice president at Chase Investment Counsel, thinks that the overwhelming evidence in the m...