Alan McKnight, chief investment officer at Regions Asset Management, sees a series of rolling recession hitting certain sectors and industries in 2024, but does not see a broad-based, classic and deep recession akin to one triggered by the Great Financial Crisis of 2008. He's not alone in suggesting the economy can escape next year without a recession, as Charlie Bobrinskoy, vice chairman at Ariel Investments says in the Market Call that he believes the stock market and economy are strong enough to put off a widespread and meaningful downturn for another year. Plus, the show starts with Jamila Soufrant, discussing her new book "Your Journey to Financial Freedom: A Step-by-Step Guide to Achieving Wealth and Happiness" and she offers some advice for listeners, no matter where they are on their own journey toward financial independence.
Money Life with Chuck Jaffe