Money Life With Chuck Jaffe Daily Podcast

Allianz Global's Mahajan: US won't be in a recessionary environment in the next 12 months.

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In a show featuring experts with divergent opinions, Mona Mahajan of Allianz Global Investors said the market will see increased volatility, sector rotation -- with strength in consumer staples and health care -- but generally a continued upward trend for the next year, while Avi Gilburt of Elliott Wave Trader said that the market, after rallying back to a level of recent highs, is due for a significant fall, perhaps as much as 25 percent in what could be a steep decline to end the bull market. Jack Ablin o