3EDGE's Folts: 'The Fed's job becomes much, much more difficult from here'
Money Life with Chuck Jaffe - A podcast by Chuck Jaffe
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Fritz Folts, chief investment strategist at 3EDGE Asset Management, says supply chain issues, Covid variants and other factors aren't going away, which will leave inflation higher heading into 2022, making it harder for the Federal Reserve to balance interest rates and inflation with changing global growth. Folts says that investors need to respond to the potential trouble by being better diversified outside of the United States, trying to generate more return without taking on too much risk. Also on the show, Brian Dress, director of research for Left Brain Investment Research, discusses preferred securities as a high-yield alternative in today's low-rate market, Zack Gipson, managing director of digital investor solutions for Charles Schwab talks about a survey released Tuesday that shows how investors are more reliant on technology than ever but still need human touch on the most important planning decisions, and author Christopher Mims discusses his new book, 'Arriving Today: From Factory to Front Door -- Why Everything Has Changed About How and What We Buy.'