Aquila's Tanner: Troubled times won't lead to massive bond defaults
Money Life with Chuck Jaffe - A podcast by Chuck Jaffe
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Tony Tanner, portfolio manager with the Aquila Group of Funds, says that the troubled economy and lower interest rates will hit the bond market and should convince investors to diversify their fixed-income holdings; unlike many bond-industry watchers, Tanner notes that he is not expecting a big wave of defaults, though he said credit-quality will be challenged. Also on the show, Tom Lydon of ETFTrends.com talks about hot pet-health companies with his pick for the ETF oft he Week, Ryan Breslow of Bolt.com discusses his firm's most recent survey on consumer behavior, and Tim Fortier of Drawbridge Strategies discusses what his Market Demand Indicator currently shows about where the market is headed.