Cumberland's Mousseau says bonds look good despite high inflation

John Mousseau, chief executive officer at Cumberland Advisors says that he sees the potential for the Federal Reserve to steer the economy clear of a recession, and while he expects volatility and notes that investors are right to be nervous about high inflation and the inverted yield curve, they should not be scared away from fixed income now. Mousseau notes that with inflation starting to ease up while rates have been rising, investors are being paid well for taking on short- and intermediate bonds. In The Book Interview, Scarlett Cochran -- author of 'It's Not About the Money: A Proven Path to Building Wealth and Living the Rich Life You Deserve,' discusses finding the right balance of savings and investing with spending and enjoying life, and she and Chuck discuss how one area where she diverges from most experts is in suggesting that debt be a tool to help consumers embrace and use smartly rather than avoid out of fear. Also on the show, Rona Guymon of Nationwide Annuity discusses the firm's eighth annual Advisor Authority survey, which shows that many investors plan to keep working in retirement, and may move in retirement to where it is cheapest to live, even if that means moving away from family. Plus, Chuck answers a listener's question about how to size up a financial adviser whose recommendations are more aggressive than she believes is right for someone her age.