Money Life With Chuck Jaffe Daily Podcast

Michael Green, chief strategist at Simplify Asset Management, says that the economy is showing signs of slowing in some ways, while still having some measures being strong, and a lot of it is determined by consumers where the division between the haves and have-nots are growing, and where current conditions hurt people with less money dramatically more than the wealthy. Green says people are confusing the stock market's run to record highs as strength for the economy, which he says is misplaced, but which he says has handcuffed the Federal Reserve on rate cuts because it's hard to say that moves are needed when markets are peaking. In the Talking Technicals segment, Tom Samuelson, chief investment officer at Vineyard Global Advisors, says he'll stay bullish despite expecting a 3 to 5 percent correction now and a 5 to 10 percent dip closer to the election; he's optimistic because "strength begets strength," and a strong first half of the year bodes well for gains in the second half, as does increasing breadth