Zacks' Mian: Keep your nerve, as current market problems are temporary

Money Life with Chuck Jaffe - A podcast by Chuck Jaffe

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Sheraz Mian, director of research at Zacks Investment Research, says that while the Federal Reserve may have stopped using the word 'transitory' to describe inflation, it's still the right word for most issues currently facing the market, noting that once current headline-driving situations like the supply-chain crisis and labor shortages and inflation can be sorted out, the earnings picture and growth outlook remains strong. He expects the market to struggle for another quarter or more, but to look much better in the second half of the year. David Trainer of New Constructs revisits five successful Danger Zone picks from 2021 -- UBER, AFRM, RIVN, DASH and WRBY -- that he thinks are falling knives, still dangerous despite being down more than 40 percent from their peaks, and nit he Market Call, Michael Robinson,  chief technology strategist for Money Map Press, notes that there aren't many great charts to be looking at right now, and he discusses how he is picking and choosing through the increasing volatility and other changing conditions.