Money Life With Chuck Jaffe Daily Podcast

Jeff Timlin, head of municipal strategies at Sage Advisory Services, says that potential problems surfacing in the California and New York municipal bond markets  are telegraphing "an economic slowdown nationally," but that investors should not worry about a significant increase in defaults, and should instead find munis becoming increasingly attractive once the Federal Reserve starts cutting rates. David Trainer, president of New  Constructs, puts electric-vehicle maker Nio back into The Danger Zone, noting that while the stock's price has cratered, it can't even justify its current price in the range of five bucks per share. Divya Sangameshwar discusses a ValuePenguin.com study showing that the average American household will spend roughly $1,730 this year on their pets. Plus, Nancy Tengler, chief investment officer at Laffer Tengler Investments, discusses growth at a reasonable prices in the Money Life Market Call.