Payden's Cleveland: 'The labor market is VERY strong and inflation is FAR too high'
Money Life with Chuck Jaffe - A podcast by Chuck Jaffe
Categories:
Jeffrey Cleveland, chief economist at Payden and Rygel, says that he expects inflation to settle down and for the economy to reach full-employment levels by the end of the year, creating earnings and economic growth that sidesteps any potential recession. Cleveland expects the market to recover its early-year losses and show modest profits by the end of the year. Also on the show, Shelly-Ann Eweka of TIAA discusses survey results showing that women's finances in retirement make them much more financially vulnerable than men are, and Samuel Adams, chief executive officer of Vert Asset Management -- which runs the Vert Global Sustainable Real Estate Fund -- talks environmental, social and governance (ESG) in the Market Call.