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Podcast: Money Life with Chuck Jaffe
Episode: 'We're probably closer to the end than the beginning of this mess'
Description: Jack Janasiewicz, portfolio strategist for Natixis Investment Managers, says that the market's drawdown and valuations have performed in line with expectations for a typical recession, and while the third key component of a slowdown -- a big decline in earnings -- hasn't happened yet, he says the market is closer to having fully discounted current events, meaning that "We are closer to the end" of the downturn than the beginning. Also on the show, Tom Lydon, vice chairman at VettaFi, makes a China ETF that has broken above its 50-day moving average -- but is still below longer-term measures...