Money Life with Chuck Jaffe

Tuesday, Nov 27, 2012

Matt Lloyd

chief investment strategist, Advisors Asset Management

The Big Interview

Links: https://www.aamlive.com/blog

Monday, Nov 26, 2012

Tom McIntyre

president, McIntyre, Freedman & Flynn

MoneyLife Market Call

Links: www.mcintyreinvestments.net

Monday, Nov 26, 2012

Matthias Kuhlmey

managing director and partner, HighTower Advisors, New York

Economy Watch

On Twitter: @HighTowerAdvsor

Links: http://hightoweradvisors.com/who-we-are/hightower-advisors/matthias-paul-kuhlmey/market-view-blog/

Friday, Nov 23, 2012

James Swanson

chief investment strategist, MFS Investment Management

Big Interview

On Twitter: @followMFS

Links: https://www.mfs.com/wps/portal/mfs/us-investor/market-outlooks/market-commentary/strategists-corner?clearPortletSession=true

ShortHeadline: Swanson: Fiscal cliff will be more like a 'bump'

DetailInformation: James Swanson, chief investment strategist for MFS Investment, says investors will see a “fiscal bump” rather than some dire fiscal cliff. In “The Big Interview” on MoneyLife with Chuck Jaffe, Swanson noted that “all of the telltale indicators we’re getting from Washington tell us that there is a deal coming. It’s going to involve some horse trading, but we’re going to see a fiscal bump, not a fiscal cliff.” Swanson said he foresees the economy showing stronger growth going forward than most people expect, thanks to a pickup that is starting to become visible in housing. “This part of the economy … will pull the economy past the fiscal bump and into better growth than people expect next year,” Swanson said, “and I think it’s a very important element of what’s going on.” Swanson said the pickup in housing has a ripple effect that spreads to a number of other industries, and he noted that the impact on the plumbing-accessory industry, hardware and paint companies hasn’t become evident yet. “Look at where that ripple effect begins to lead you,” Swanson said. “Housing is at depression-type levels now — only 2% of GDP — and we only have to go halfway back to the 50-year average of 4.5% of GDP, and we will add 1.5% to our economy in the next 12 months. And, with the multiplier effect, that continues to ripple through and will add jobs. “I also think you just want to own equities next year anyway because all of this hand wringing is missing the point that the economy has some strong fundamentals behind it.” Swanson said he particularly likes the look of regional banks and the IT sector — both hardware and software technology firms — as places where people can invest “to gain an advantage here.”