Ron Sanchez: Time to be neutral on the market, and playing defense
Money Life with Chuck Jaffe · Money Life with Chuck Jaffe
Audio is streamed directly from the publisher (dts.podtrac.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Ron Sanchez, chief investment officer at Fiduciary Trust International, said that the current market environment is not great for taking risks, but it also isn't terrific for avoiding risks. That means investors should stay neutral on buying stocks and bonds, putting their portfolios at their basic, starting-level allocations, not overweight or underweight anything while waiting for signs from the market about what will happen next. Also on the show, Jeffrey Hirsch from the Stock Trader's Almanac talks technical analysis, Catherine Yoshimoto from FTSE Russell discusses the reconstitution of Russell's indexes -- which happens after today's market close -- and Doug Cartwright of the Buffalo Emerging Opportunities fund makes his debut in the Market Call.