The Fed's execution -- not its plan -- will set the market's course

Money Life with Chuck Jaffe - A podcast by Chuck Jaffe

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Two different market observers -- Patrick O'Hare, chief market analyst at Briefing.cmo and Andy Kapyrin, co-chief investment officer at RegentAtlantic -- say that while the Federal Reserve telegraphed its strategy for tapering bond purchases and raising interest rates, how it follows through will determine just how volatile and troublesome the stock market will be in 2022. Both say they expect more volatility and lower returns, but they note that if the Fed must get more aggressive with rate increases and other strategies, it could change the outlook for earnings growth, which would mute the market's ability to keep moving. Also on the show, Tom Lydon of ETFTrends.com picks an esoteric new fund from a hot fund company as his 'ETF of the Week,' and Dean Brauer of GoHenry.com -- a site dedicated to making children financially capable -- discusses the money lessons that can be distributed along with the gifts this holiday season.