FYI: Craig Callahan, president and founder of the ICON Funds said that while many investors are worried about banks and financial-services companies in a rising-rate environment, he thinks banks will keep delivering and growing. Callahan said he believes the average stock is currently 7 percent below fair value, and that current volatility represents a buying opportunity. Also, Brad Lamensdorf of the Ranger Equity Bear ETF discussed the market's technical outlook, Angie O'Leary of RBC Wealth Management talked about how poorly prepared most Americans are for health care to be the second-biggest expense they will face in retirement, and economist Alan Blinder discusses his latest book on why Americans suffer when economics and politics collide.
Regards,
Ted
https://www.stitcher.com/podcast/moneylife-with-chuck-jaffe
