FYI: Ron Kaliebe, vice president of the Mairs and Power Funds, said that the market remains poised for gains but that those moves will come through periods of increased volatility and day-to-day market noise and headline risk. He noted that his firm and the balanced fund he manages are maintaining a slightly higher than normal allocation to stocks. Also, Matt Harris, Jimmy Hausberg and John Gibson discuss how the U.S. dollar has stabilized and how that will influence portfolios during Collective Wisdom from HighTower Advisors,Chuck takes a question on life insurance and Kathy Boyle of Chapin Hill Advisors has the Market Call.
Regards,
Ted
https://www.stitcher.com/podcast/moneylife-with-chuck-jaffeMairs & Power Website:
https://www.mairsandpower.com/