Wealth Management

Former Kansas City Fed President Thomas Hoenig explained the central bank is in a 'difficult position' in terms of trying to tackle rampant inflation.

Federated Hermes portfolio manager and equity strategist Steve Chiavarone argues some aspects of inflation are here for the long haul.

 Chief Investment Officer at Haverford Trust, Hank Smith, argues retail sales beating analyst expectations is a 'testament to how good of a shape the consumer is' and 'how much pent up demand there still is regarding getting back to normal.'

Co-founder and chief economist of Cornerstone Macro Nancy Lazar argues there are early signs that supply chain disruptions are starting to subside, which could ease inflationary pressures, but warns it 'may take six months before that unfolds.'

Anderson Capital Management CIO Peter Andersen says he believes once equilibrium is reached, 'markets should be better off' and argues many of the 'academic' rules of  economics don't currently apply because of the pandemic. 

Crossmark Global Investments chief investment officer Bob Doll says that corporations in the third quarter were 'very successful in passing their cost pressures on to price increases and, therefore, retaining profit margins having great earnings.'

CFRA chief investment strategist Sam Stovall argues consumer prices will peak in January 2022.

Villere & Co. portfolio manager Sandy Villere says he is avoiding 'overpriced' technology stocks given the thinking that eventually Federal Reserve will raise rates and advises people not to be around 'when the music stops on that sector.' 

Lebenthal Global Advisors President Dominick Tavella argues employment numbers will be 'better than they were last month,' but won't be 'shockingly better.'

Potomac Wealth Advisors President Mark Avallone argues that if there's 'some balance out of Washington that pleases the center,' the market would be 'poised to move higher.'

Mahoney Asset Management CEO Ken Mahoney weighs in on the 'great' earnings season and the Federal Reserve's expected moves. 

Penn Capital Chief Investment Officer Eric Green weighs in on the stalled progress on President Biden's spending bill and his outlook for the Fed.

Voyager Digital CEO and co-founder Steve Ehrlich explains how the digital economy is evolving, arguing that 'crypto isn't' as cryptic as people make it seem.'

Morgan Creek Capital Management CEO Mark Yusko argues that monetary policy is 'far too simulative,' but that Federal Reserve Chairman Jerome Powell has done 'a good job by those who put him in' the role. 

American finance personality Dave Ramsey discusses his Tennessee upbringing with John Rich.

George Cipolloni, portfolio manager of Penn Mutual Asset Management, argues the margins of 'a lot of price takers outside of the Big Tech companies' will be impacted by supply chain issues and inflation.  

Louis Navellier, the founder and CEO of Navellier & Associates, weighs in on how inflation will impact consumer spending, arguing that as food and energy 'take more money out of your pocketbook, it's going to hurt the rest of the economy.'