
Rondure Global's Geritz:Two economies hold up the world right now, but they're shaky
Money Life with Chuck Jaffe · Money Life with Chuck Jaffe
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Show Notes
Laura Geritz, chief executive officer at Rondure Global Advisors, says that the U.S. and China are holding up the world economy with their spending during the coronavirus pandemic, but she cautions that if those economies falter -- and they have little room to expand spending -- it will be hard to find stocks to buy there. She prefers countries with no reserve currency now, nations where she finds that the consumer has controlled their 'animal spirits' and there is room to grow spending, noting that most emerging markets but China qualify as having growth potential even amid slowing growth worldwide. Also on the show, Sarah Berger, writer at MagnifyMoney.com discusses how many consumers are already tapping retirement accounts to get through the viral economy, author Zachary D. Carter discusses 'The Price of Peace: Money, Democracy, and the Life of John Maynard Keynes,' and Chuck answers a question from an audience member on how to prioritize withdrawals from savings.