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Podcast: Money Life with Chuck Jaffe
Episode: ICON's Callahan: The market hasn't bottomed yet, protect your cash
Description: Craig Callahan, founder and chief executive officer at the ICON Funds -- who correctly called the bottom of the pandemic-driven bear market in March 2020 -- says that there are signs that the stock market has been through the ringer, but it's not yet showing enough signs that it has reached a bottom. Callahan says the market is roughly at fair value, not nearly beaten up enough to create the kind of widespread bargains normally found at a market bottom. the way it typically would be in As a result, he is holding maximum cash, waiting for inflation to start...