Ron Sanchez of Fiduciary Trust Co. International said that investors have gotten past the confidence-shaking drop of December, but they should be cautious now because stories about global growth, interest rates and international trade events will go a long way to determining whether the market can continue climbing this year. Also on the show, Michael Gayed of Pension Partners said that the market's technicals also should put investors into wait-and-see mode, as they suggest that stocks are overbought and awaiting a catalyst before a downturn. Thomas Winmill of the Midas Fund talked about gold and precious metals investing -- also fitting into the theme of uncertain times -- and Greg McBride of Bankrate.com discussed a recent survey which showed that 74 million Americans have more in credit-card debt than in emergency savings.
Money Life with Chuck Jaffe