FYI: ( Slide mouse to 32:10 minutes for Dana D'Auria interview,)
Fritz Folts, chief investment strategist at 3Edge Asset management, said the domestic stock market is as overvalued now as it was before the Internet bubble burst in the late 1990s, which is why he has turned defensive in his investment strategy, going near minimum levels on equity allocations and underweight the US in equities -- with his bond allocations heavy on Treasuries but shying away from the credit markets -- as he anticipates an economic slowdown ahead that Federal Reserve rate cuts won't stop. Also on the show, Ben Jones of BMO Global Asset Management talks a change in IRS rules allowing employers to offer lump-sum payouts in exchange for pension liabilities and discusses what factors pensioners should consider before accepting an offer, and Dana D'Auria, portfolio manager at Symmetry Partners talks ETFs and traditional funds as she makes her Money Life debut in an extended Market Call.
Regards,
Ted
https://www.stitcher.com/podcast/moneylife-with-chuck-jaffe/e/62968077?autoplay=trueSymmetry Panoramic Mutual Funds Website:
https://www.panoramicfunds.com/