Tendayi Kapfidze, chief economist at LendingTree, said in the Big Interview that he thinks the Fed may have overreacted to increased market volatility by signalling that it may put off further rate hikes. Now the market is reacting like they won't happen, which could lead to trouble later in the year when he thinks the central bank will resume its upward trend. Also on the show, comedian Gaby Dunn talks about her new book on being bad with money, Leonard Wright of the AICPA discusses Americans' level of personal financial satisfaction, and Chuck takes an audience question about target-date and life-cycle funds.
Money Life with Chuck Jaffe