Money Life With Chuck Jaffe Daily Podcast

Lawrence McDonald of the Bear Traps Report, said that the forecasting community seems to be changing its expectation of how the Federal Reserve is going to handle interest rates, and believes that is because the Fed is starting to show signs that it will not hike rates as high or as far as most experts have expected. That should be good news for the economy and markets, but McDonald expects muted domestic returns and suggested overweighting emerging markets to take advantage of what's next. Also on the show