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Podcast: Money Life with Chuck Jaffe
Episode: Fort Washington's Sargen: The Fed's not pivoting, don't fight it
Description: Nick Sargen, senior economic advisor at Fort Washington Investment Advisors, says that investors didn't expect the Federal Reserve to let troubling times linger, but now the central bank can't make a change on a dime, so investors should now be waiting for the Fed to pivot on its strategy, a change he does not think will happen soon. Sargen expects a recession that is "not that long and not that deep," though he acknowledges there is enough uncertainty to make it last longer before those weak spots can be shored up. Also on the show, Tom Lydon of VettaFi loo...