FYI: (Slide mouse to 16:10 minutes for Jeffery Cleveland interview.)
Jeffrey Cleveland, chief economist at Payden and Rygel noted that for all of the volatility that has been evident in October, the economy remains in its 112th month of expansion, and that he expects it to break the record of 120 months, meaning the current economic cycle is maybe showing signs of some weakening, but not of ending just yet. Also, Matt Schulz of CompareCards.com discusses a survey on how many consumers regret taking out store credit cards, David Trainer of New Constructs talks about how accounting-rules changes will make some balance sheets look markedly different, and Stephen McKee of No-Load Mutual Funds Selection and Timing newsletter has the Market Call.
Regards,
Ted
https://www.stitcher.com/podcast/moneylife-with-chuck-jaffe/e/56827165?autoplay=true
