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Money Life with Chuck JaffeAuthor: Chuck Jaffe
Money Life with Chuck Jaffe is leading the way in business and financial radio. The Money Life Podcast is a daily personal finance talk show, Monday through Friday sorting through the financial clutter every day to bring you the information you need to lead the MoneyLife. Language: en Contact email: Get it Feed URL: Get it iTunes ID: Get it |
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Economist Yaruss says to 'Buckle up,' both as forecast and money strategy
Wednesday, 4 November, 2026
Howard Yaruss, a professor at New York University, says that the terrible consumer sentiment numbers will show up in the economy because the problems those numbers reflect will not be solved quickly. Moreover, he says that the artificial intelligence evolution will include a significant downturn because capital expenditure projections are too big to hold up. Yaruss, the author of "Understandable Economics: Because Understanding Our Economy Is Easier Than You Think and More Important Than You Know," says, however, that the best long-term strategy for investors will be to ride out a slowdown sticking to a long-term plan, rather than trying to dance around the market's increasing volatility. David Goodsell, executive director of the Natixis Investment Managers Center for Investor Insight discusses its 2026 Global Retirement Index, which measures retirement security around the world, and which found that the United States fell three places from last year, pushing it out of the top half of 44 countries studied. Goodsell says the modest drop in teh rankings was due to renewed financial pressures, including mounting public debt, inflation, and uneven access to employer-sponsored savings along with a heightened burden with 81% of investors saying that funding retirement is increasingly their own responsibility. Plus, Chuck reveals the results of his long-running Halloween tradition of offering kids a choice of cash or candy. This year, the children who came to Chuck's house had choices ranging from straight cash to pure candy to "Halloween Lotto" and giving to charity, and the results surprised Gail, Chuck's wife, and they may surprise you too!
