Money Life With Chuck Jaffe Daily Podcast

Jonathan Treussard: The surprise is in the speed of the market change

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Jonathan Treussard, founder of Treussard Capital Management, says that the current market decline is not a real surprise, but the whipsaw of emotions — moving from a can't-miss certainty that things were going up to hand-wringing today — is taking investors by storm, making them want to take actions even when the best strategy is to ride this out. "Success grows in silence, and the market is really attuned to noise," Treussard says. "Your job is to sit there with peace in your heart and focus on the silence." Kate Byrne, head of Vanguard Cash Plus discusses a recent Vanguard Consumer Savings Survey which showed that six in 10 Americans did not completely understand how interest rates can impact the money they save, which is why nearly half of them who are currently saving are settling for accounts earning less than 3 percent interest. Kyle Guske, investment analyst at New Constructs, puts Trupanion back in the Danger Zone, noting that the pet-insurance company is barking louder as a dog despite recent pullbac