Money Life With Chuck Jaffe Daily Podcast

Frits Folts, chief inveestment strategist at 3Edge Asset Management said that he expects the stock market to have one more melt-up -- a rebound back to recent highs -- that could even be a dramatic pop, but that any increase will be followed by a downturn. He took a 'not overly bullish' equity outlook and combined it with an even less-bullish take on bonds, suggesting investors should think of cash as an alternative investment for the time being. Also on the show, David Trainer of New Constructs rips apart