John Bellows, portfolio manager for Western Asset Management, says that he believes the Federal Reserve is done hiking interest rates for 2019, and the market -- while not likely to continue its torrid first-quarter growth path -- is poised to avoid significant meltdowns this year. Unlike Will Nasgovitz --The Big Interview from Wednesday's show -- Bellows doesnot see corporate debt growing dangerously on balance sheets, but he did say the bond market needs continued growth in order to stabilize. Also on the show, Tom Lydon of ETFTrends.com has the 'ETF of the Week,' Chuck answers a follow-up questions on credit-card use, and Elliott Gue of Energy and Income Advisor has the Market Call.
Money Life with Chuck Jaffe