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Podcast: Money Life with Chuck Jaffe
Episode: Axel Merk: 'The best-case scenario' is not the economy's likely outcome
Description: Axel Merk, president and chief investment officer at Merk Funds and Merk Investments, says investors need to be cautious about accepting current market risks and keep an eye on their sleep factor "because whatever [investment] thesis you have, it will be tested." Merk notes that he is hesitant facing today's economic conditions because there are still a lot of possible outcomes based on anticipated action from the Federal Reserve and the stock market's response to the news. Also on the show, Charles Rotbut of AAII Journal discusses the group's latest update to its sentiment survey -- Kule Guske, investment a...