Abhay Deshpande, founder and chief investment officer, at Centerstone Investors says the economy is still playing out the last effects of the pandemic, and that a recession is likely to be the end of those financial consequences before 'the normal progression starts to resume.' Deshpande says it will be a 'run-of-the-mill recession,' a mild slowdown that investors will want to muddle through in stocks, rather than seeking shelter in fixed income. Also on the show, Regina Conway of Slickdeals discusses how inflation has been impacting the impulse-buying habits of American consumers, Chuck answers a listener question and Michael Roomberg of Miller Howard Investments talks energy stocks in the Market Call.
Money Life with Chuck Jaffe