Eddy Vataru, portfolio manager for the Osterweis Total Return Fund, says that the pandemic economy has put such a big wrench in the markets and life that it forces investors to rethink what makes a prudent investment now. He notes that investors have to cast a cautious eye to fixed income and be wary of chasing yields by extending bond duration. Also on the show, John Divine of US News and World Report says that the stock market's current value seems to ignore long-term concerns that have not even begun to play out, Bill Harmon of Voya Financial discusses a survey showing whether Americans' are changing their long-term investments plans, and Lamar Villere of the Villere Funds finds growth at a reasonable price in the Market Call.
Money Life with Chuck Jaffe