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Podcast: Money Life with Chuck Jaffe
Episode: ATAC's Gayed: The Fed didn't go far enough, so troubles will persist
Description: Michael Gayed, portfolio manager for the tactically managed ATAC Funds says the Federal Reserve should have raised rates even more than it did Wednesday -- when the central bank made its biggest rate hike in almost 30 years -- because market and economic pain is inevitable and could be long-lasting, but there is growth potential once the market passes the troubles and starts a new recovery. This show also features Tom Lydon, vice chairman at VettaFi.com, making a brand new fund his ETF of the Week, Jill Gonzalez of WalletHub.com discussing the site's latest survey which shows that c...