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Podcast: Money Life with Chuck Jaffe
Episode: Fundstrat's Newton: Trouble is baked in to prices, so expect a rally by September
Description: Mark Newton, global head of technical strategy, Fundstrat Global Advisors, says that a healthy consumer and a market that has solid economic footing should lead to "a recession with a small R and not a capital R." Newtons says his models show a market bottoming out in July before turning significantly higher in September, thanks largely to higher interest rates already being baked into the market's expectations. Newton says that the bear market has been in process for months, even if it was only just recognized by the media; the result is that a lot of damage was done be...