Money Life With Chuck Jaffe Daily Podcast

Matt Harris and Patrick Fruzzetti of HighTower Advisors discuss how rising interest rates have cash starting to generate modest returns, but agree that investors must look at broadening and solidifying their income streams at a time when the rate picture could shake up the fixed-income world. Also, Terry Jones from Investor's Business Daily discusses investor optimism, Chuck talks about a legendary fund that has fallen and can't get up, and Aash Shah of Summit Global Investments has the Market Call.

Kevin Mahn, president and chief investment officer at Hennion and Walsh Asset Management, said the market is in a transition phase, but that it is moving from a bull market based on momentum and technical analysis to a new bull market based on solid fundamentals. Also, author Samuel Harrington discussed a good death after a good life, Charles Rotblut has the stock of the week and Chuck answers a question from an audience member.

David Trainer of New Constructs said that recent comments from sell-side analysts on stocks like Tesla and Snapchat show why it would be dangerous for investors to fall for the hype of analysts, whose views could be compromised by the needs of their employers to retain a seat at the table in lucrative underwriting deals. Also, Tunde Ojo of Harding Loevner discusses the effect Ramadan has on emerging and frontier markets companies, Michael Doshier of Franklin Templeton discusses their seventh annual survey o

Adam Grimes of Waverly Advisors and MarketLifeTrading.com said that the technicals show that the market's long-term trend remains positive and that short-term headlines and the recent increase in volatility will not derail the continuing uptrend. Likewise, Vincent Reinhart, chief economist for Bank of NY Mellon Asset Management North America, said that the economic picture remains strong, which should keep the market moving mostly in the right direction. Also, Chuck takes an audience question about a first

Bryce Doty, senior portfolio manager for Sit Fixed Income Advisors, said that the bond market has been calm in the face of rising rates, but that there is likely to be trouble ahead later this year as rates keep rising and he foresees the yield curve for short-term bonds becoming inverted before year's end. Also, Tom Lydon of ETFTrends.com discusses an innovative-technology ETF, financial industry consultant Michael Falk talks about current market conditions and Chuck discusses interest rate.

Ron Kaliebe, vice president of the Mairs and Power Funds, said that the market remains poised for gains but that those moves will come through periods of increased volatility and day-to-day market noise and headline risk. He noted that his firm and the balanced fund he manages are maintaining a slightly higher than normal allocation to stocks. Also, Matt Harris, Jimmy Hausberg and John Gibson discuss how the U.S. dollar has stabilized and how that will influence portfolios during Collective Wisdom from High

Mark DeVaul, who runs the stock portion of the Hennessy Equity and Income Fund, says that double-digit returns can't last forever and that anyone expecting them from domestic markets now is in for a rude surprise. He suggested adjusting to increased volatility -- at historically normal levels -- and mid-single-digit returns.

Greg McBride, chief analyst at BankRate.com said that mortgage rates have run up nearly three-quarters of a point since mid-December, with the average 30-year fixed-rate loan hitting 4.73 percent as part of the sweeping effects of rate hikes that have led the 10-year Treasury past the 3 percent level. Also, author Harris Nydick on 401(k) and 403(b) investing, David Trainer with the Danger Zone and more on Money Life's sixth anniversary show.

Mary Ellen Stanek, president of the Baird Funds, said that investors are right to be concerned about the impact of rising interest rates, but that they are missing out on the positives, which might help to convince them to hold their bond funds through the changes that occur as rates move higher. Also, Charlie Bilello of the ATAC Funds gives a take on the market's technicals, author Mark Penn discusses the world's upcoming great trends, and Dick Burns of the NHP Foundation chats about his group's study show

Tom Lydon of ETFTrends.com made the VanEck Vectors BDC Income ETF -- which invests in business-development companies -- as a high-yield alternative strategy for a rising interest-rate environment, noting that the fund has a current yield of nearly 10 percent but also is trading in a favorable range. Also on today's show, Kristen Perleberg of the Leuthold Funds, Stuart Ritter of T. Rowe Price discussing the financial savvy of gig workers, and Tom Howard of AthenaInvest with the Market Call.

Matt Harris, Jimmy Huasbuerg and John Gibson from HighTower Advisors had a roundtable discussion on whether to keep master limited partnerships in a portfolio after a recent strong rise in the market, or whether investors might sell MLPs into the current strength to find something better. Also, Matt Schulz from CreditCards.com, Chuck discusses financial literacy and the Market Call features a rebroadcast of a recent interview with Kevin Miller of the E-valuator Funds.

Louis Navellier of the Navellier Funds said in the Market Call that the market remains broad -- and is having one of the strongest earnings trends he has ever seen -- allowing investors to sell good stocks so that they can buy better ones. Also, Charles Rotblut of AAII journal has the Stock of the Week, Brian Kessens of Tortoise Advisors discusses MLPs, and author Jonathan Lamb compares the economy to sex.

David Dowden, portfolio manager for MacKay Municipal Managers, said in the Big Interview that interest rates will rise in a relatively stable trajectory, and that underperformance in the muni market as rates started going up has left room for munis to outperform other segments of the bond market for the rest of the year. Also,author David Blaydes; David Trainer of New Constructs puts a gimmicky ETF in the Danger Zone, and James Abate of the Centre Funds has the Market Call.

Dr. Edward Yardeni, president of Yardeni Research, said in a wide-ranging Big Interview that the market has mostly been unaffected by news from Washington, with most news events turning out not to be significant market events. Yardeni said the bull market has persisted through 60 panic attacks since it started in 2009 and is poised to keep going through current news events as well. Also, Jeffrey Hirsch of the Stock Traders Almanac, Ken Berman of Gorilla Trades and Eric Marshall of the Hodges Small Cap Fund

Jason Thomas, chief economist for AssetMark Inc., said in the Big Interview that investors should not be scared out of the bull market early, noting that bull markets don't tend to end with a huge drop, but rather build up sharply before slowing and faltering, meaning that investors who leave early -- which he thinks they'd be doing if they bail out now -- miss big chunks of the market's long-term gains. Also, Tom Lydon of ETFTrends discusses an ETF with an interesting niche, investment analyst and trader H

Matt Harris of HighTower Advisors says that cyber-security is the niche play he is most interested in for the next five years, while his colleague Jeremiah Riethmiller identifies disruptive technologies, while Jake Falcon sees the opportunities building in real estate investment trusts (REITs) over the next five years in a multi-faceted Collective Wisdom discussion today. Also, Matt Schulz of CreditCards.com discusses gas cards and their many disappointments, Jonathan Molchan of Horizons ETFs discusses cove

David Jilek, chief investment strategist at Gateway Investment Advisers, said that while the market has changed in recent months, it hasn't gone crazy but rather has returned to normal levels of volatility. Also, Charles Rotblut of AAII Journal has the Stock of the Week, Chuck then takes an audience question focused around the same stock, and Jack Leslie of Miller/Howard Investments has the Market Call.

Stephen Wood, chief market strategist at Russell Investments, said in the Big Interview that while volatility has returned to the market and rates have been raised and will continue to trend higher, the bull market is going to keep moving forward at least through the end of 2018. Also, Kyle Guske leads our trip into the Danger Zone and value investor Jeff Auxier of the Auxier Focus Fund has the Market Call.

Michael Mullaney, director of global markets research at Boston Partners, said that while volatility has shaken investors, it has simply returned to normal long-term levels. That may make the market more scary for investors, but it hasn't -and won't -- end the bull market soon, he said. Also, William Delwiche of R.W. Baird gives his technical take on the market, Sean Stein Smith discusses an AICPA survey on consumers' concerns over data breaches, and Tom Sudyka of the LK Balanced Fund has the Market Call.