BMO's Dowdall: Trade tensions won't go away, but could ease and help the market
Money Life with Chuck Jaffe - A podcast by Chuck Jaffe
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Michael Dowdall, investment strategist for BMO Global Asset Management, says the trade war between the United Stateas and China will be the over-arching headline for the foreseeable future, and while he expects minor deals to be announced he believes a full resolution of tensions will be elusive in 2020. Despite that, he believes the American consumer will continue to drive the market higher, and that the U.S. economy will continue to lead the world, though he expects a bounce-back from a number of countries that mostly suffered through 2019. Also on the show, Catherine Collinson of the Transamerica Center for Retirement Studies discusses women and their retirement preparedness, Davd Trainer talks about technology companies and puts a troubled tech stock in the Danger Zone, and Chuck discusses how being a bit of a humbug for the holidays and talking moderation with family memebrs could be a true gift of the season.