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Jul 31, 2023

Veteran money manager Bob Doll, chief investment officer at Crossmark Global Investments, has gotten famous making 10 predictions every year, and he sits down to revisit what he was saying at the start of the year and how it has been turning out. Thus far, it has been a mixed bag, but Doll notes that the market has been more optimistic than anyone expected for 2023, and now that investors are feeling fat and happy, they are likely to live through a recession. Also on the show, Christian Mitchell discusses the latest details from the 2023 Planning and Progress Study from Northwestern Mutual, showing that 35 percent of Americans say they're close to or at their highest-ever level of personal debt, Mitchell Morrison, creator of the Eyeballs app, talks about whether consumers will trust artificial intelligence and services like ChatGPT to do their financial planning, and Kyle Guske, of New Constructs puts a popular brand-name stock in the Danger Zone, noting that it could easily shed $100 per share from current price levels.