ICG's Brooks: There's not much to worry about, except inflation

Money Life with Chuck Jaffe - A podcast by Chuck Jaffe

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Nicholas Brooks, head of economic and investment research at ICG, a global alternative asset manager, says "There's nothing out there that rings major alarm bells" signalling a big recession ahead. But while he expects a soft landing, he is watching what is driving inflation, noting that while headline inflation is down, services inflation remains high and wage growth has stayed strong, factors that are good from a household income point of view but that are concerning in terms of whether inflation might come back and hurt the Federal Reserve's ability to cut rates. Josh Brown, chief executive officer at Ritholtz Wealth Management, discusses his new book, "You Weren’t Supposed to See That," which digs into the genius and the foolishness of what the public gets from financial experts, advisers and the media. Plus, Ken Berman, strategist at Gorilla Trades, talks technicals and says the signs are all pointing to the idea that the current bull market has legs to run through the election and into 2025.