Frank Holmes, chief executive at U.S. Global Investors, says he believes interest rates have peaked, and that the economy will turn around in six months as rates start to fall, but he also believes there is plenty to carry the stock market in the short-term with the Santa Claus rally propping things up by year's end as gas prices start falling, with rate cuts also coming then to help boost the economy and the recovery. Also on the show, David Trainer, president of New Constructs revisits some "zombie stocks" that are less dangerous than in the past, but where their "good news" is not much cause for celebration. Plus Nancy Tengler, chief investment officer at Laffer Tengler Investments, talks stocks in the Market Call, and Chuck discusses the Weird Financial News.
Money Life with Chuck Jaffe