David Kelly, chief global strategist at J.P. Morgan Asset Management, says there is a less than 50 percent chance of a recession this year, but adds that it looks like the economy could actually push off the downturn until 2025, with the strong job market and low unemployment basically balancing out bad inflation to keep economic troubles at bay. Also on the show, Sarah Foster of Bankrate.com discusses the growing crisis in student-loan debt and the steps consumers are hoping legislators will take as they face the re-start to loan payments beginning in October. Plus, Jenn Tracy discusses a Craftjack.com survey on the way remote workers think their bosses are checking their work habits and productivity and, in the Danger Zone segment, Kyle Guske, investment analyst at New Constructs, revisits a zombie stock that has little left to chew on and just months left before it runs out of capital.
Money Life with Chuck Jaffe