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May 25, 2022

Doug Loeffler, executive vice president of investment management at Sierra Investment Management, says his firm is mostly in cash right now because current conditions look like a "very sustained equity drawdown," and while he expects to see the market rally later in the year, he says this is a time for investors to take what the market is going to give them, rather than "trying to tell the market what to do." He's part of a wide-ranging show that also features Kathy Chu, correspondent for TruthDAO, discussing the market for NFTs -- non-fungible tokens -- and how much of the attention-grabbing activity may actually be faked; Hope Manion from Fidelity Workplace Consulting talking about how Americans radically underestimate the amount of health-care spending they will do in retirement; and author Nick Maggiulli, whose new book "Just Keep Buying: Proven Ways to Save Money and Build Your Wealth" encourages investors to buy dividend-producing and income-oriented investments in all market conditions, even the rough ones we see now.