Strong consumer, firm economic foundation will propel growth through trouble

Money Life with Chuck Jaffe - A podcast by Chuck Jaffe

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Mark Luschini, chief investment strategist for Janney Montgomery Scott, says that the market is working its way through a correction -- troubles exacerbated by the war in Ukraine -- but that hasn't dampened the economic underpinnings or deflated the spending desires of consumers, which should help growth in corporate earnings pick up and push the market higher later this year, leading to 'pretty flattering returns for investors' this year. Likewise, Brian Dress of Left Brain Investment Research says that the 'green shoots' of recovery are starting to show, but warns that the recovery will not be V-shaped and fast, requiring the market to return to the normalcy of posting 'good reactions to good news' that has been missing early this year. In the Market Call, Malcolm Polley of Stewart Capital Advisors talks about picking stocks through the lens of 'business perspective investing.'