Talon Advisors' Grimes: Expect record highs before a 'rip-roaring bear market'

Adam Grimes, president of Talon Advisors, says investors have good reason to be defensive right now because while he sees strong potential for the market to make new highs in the next six months to the end of the year, only to then embark on a deep bear market. He says 'you have to approach this market by being bullish and bearish at the same time.' In The NAVigator segment, Jay Rhame, chief executive officer at Reaves Asset Management -- president of the Reaves Utility Income Fund says that the dividend-growth potential for utility companies makes them a viable investment option despite today's high interest-rate, high inflation conditions which typically are bad for the sector. Also on the show, Sam Huisache discusses a recent survey from Clever Real Estate showing that 75 percent of Americans who move have regrets about the changes they've made, and Chuck Carlson, chief executive officer at Horizon Investment Services -- editor of The DRIP Investor newsletter -- talks stocks in the Market Call.