Brian Levitt, global market strategist for Invesco, said that investors need to overcome their fears to stay invested as the market continues to climb the proverbial wall of worry to new heights. Levitt noted the cycles 'end the same way, with the federal Reserve killing them with interest rate hikes.' With the Fed about to cut rates, Levitt noted that the current cycle could go on 'a lot longer than people expect.' Also on the show, Sara Rutledge of the National Association for Business Economics discusses her group's quarterly survey - released this morning - while Sam McBride puts a popular stock in the 'Danger Zone' and Richard Peterson of MarketPsych Data discusses how investors are feeling and thinking in current market conditions.
Money Life with Chuck Jaffe