Baird's Stanek: More modest outcomes in 2020 for all asset classes

Money Life with Chuck Jaffe - A podcast by Chuck Jaffe

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Mary Ellen Stanek of Baird Funds notes that in the 11th year of an economic expansion, investors should be cautious, but she says the excesses that typically come late in an economic cycle are not there, so investors should keep their seatbelts on, should make sure they are being paid to take on risk and are otherwise moving forward cautiously into 2020 and beyond. Also on the show, Chuck chats with David Molnar from HighTower San Diego about how investors should properly evaluate an adviser's performance, discusses the ways in which President Trump's tweets have been moving the market with Francesca Ortegren of Clever Real Estate, and we revisit a recent Market Call chat with Charlie Bobrinskoy of Ariel Investments.