Coronavirus added to market's tensions, and could make the bull market sick
Money Life with Chuck Jaffe - A podcast by Chuck Jaffe
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Technical analyst Michael Sincere explains that the coronavirus crisis may not be a market event, but it has unleashed danger signs and triggered a weakening of the stock market that could put an end to the long-running bull market. He was clear to avoid calling for a bear market, but he said he expects a significant increase in volatility and sideways market action which will make for a 'difficult market to navigate for most people.' Also on the show, Anastasia Nesvetailova, co-author of 'Sabotage: The Hidden Nature of Finance' talks about the underlying instability of global markets, Ted Rossman discusses the recent Bankrate.com study showing that many consumers aren't getting nearly as much cash back on cash-back cards as they could, and Janet Brown of No-Load FundX talks mutual funds in the Market Call.