Want to create an interactive transcript for this episode?
Podcast: Money Life with Chuck Jaffe
Episode: NDR's Kalish: Market is set up for year-end rally, tough start to '23
Description: Joe Kalish, chief macro strategist at Ned Davis Research, says that the Federal Reserve will begin scaling back its rate hikes by March, creating a good environment for bonds and cash to generate a real return with minimal risk. But first, he says the stock market will likely rally down the final stretch of 2022, but that because the stock market has never bottomed ahead of the start of a recession he expects a reversal that takes out the lows before the Fed pivots and the market can start a slow recovery during or after a mild recession in mid- t...