Expert forecasts slowdown as market and economy flip their disconnect
Money Life with Chuck Jaffe - A podcast by Chuck Jaffe
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Ron Sanchez, chief investment officer at Fiduciary Trust Co. International, says that the disconnect between the market and the economy -- with exceptional markets but a poor economy -- is going to be reversed for the next few years, and said he expects the recovery to drag out for several years until unemployment levels return to pre-pandemic lows. Also on the show, Chuck answers a question about rewards cards versus cash-back benefits on credit cards, and closed-end fund expert Maury Fertig of Relative Value Partners talks about the broad trends he sees in the NAVigator, and returns to discuss specific investments in the Market Call.