Money Life With Chuck Jaffe Daily Podcast

Julius de Kempenaer, senior technical analyst at StockCharts, says that the stock market is "crashing higher," having reached record levels with no signs of stopping but that doesn't mean he's buying now because he finds it over-stretched. De Kempenaer sees the market going through rotation right now, with money flowing from value into growth right now helping to push things higher. Lester Jones, chief economist for the National Beer Wholesalers Association returns to the show to discuss the January Beer Purchasers' Index, which showed that consumers have been responding to inflation by cutting back on the high-end beers and spending more on the below-premium drinks. Plus, insurance analyst Shannon Martin of Bankrate.com discusses the high and rising costs of auto insurance, and author Michael Graetz discusses his new book, "The Power to Destroy: How the Antitax Movement Hijacked America."