Despite rate hikes, economy is strong enough to avoid recession

Molly Schwartz, a portfolio manager on the U.S. Broad Market team at Western Asset Management, says a recession can be avoided for the rest of the year if the Federal Reserve "takes a more measured approach" and sticks to it. Even if there is a recession, Schwartz said what matters is how people feel it, and they're not likely to feel much pain while the job market is still growing and workers are getting raises, and more. Also on the show, Chuck answers audience-member questions about what's wrong with an individual investor taking a flyer on riskier stocks and strategies, as well as how to determine if a financial adviser has the 'right credential' to help with retirement planning, and Nancy Tengler, chief investment strategist at Laffer Tengler Wealth Management talks growth at a reasonable price in the Market Call.