Rob Sharps, head of investments at T. Rowe Price, said the economy is not as deep into the business cycle as many people believe, leaving more time and room for continued growth, yet with substantial weakness outside of the United States and an unresolved trade war and more, he suggested investors rein in their aggressive tendencies in favor of a more neutral and balanced approach. Alo on the show, Matt Hougan of Bitwise Investments gives his take to President Trump's first statements on cryptocurrencies and Bitcoin, Simeon Hyman, global head of investments at ProShares, discussed the pet care industry, and celebrated Amazon Prime Day by discussing the future of retail stores, and Sam McBride of New Constructs put Verint Systems in the Danger Zone.
Money Life with Chuck Jaffe