Money Life With Chuck Jaffe Daily Podcast

Doug Ramsey, chief investment officer at The Leuthold Group, says that stock market swings have had increasing impact on economic growth and the rate of inflation in recent years — "Price is a fundamental," he says — and that means the current downturn in the stock market could deliver a recession. At the same time, if the market moves from current correction-levels to bear-market levels, he expects inflation to then ease up and to help drive a potential recovery. Charles Rotblut, editor at AAII Journal, discusses the latest investor sentiment survey from the American Association of Individual Investors, which just hit its third straight week with bearish sentiment above 57 percent and bullish sentiment below 20 percent, a three-week stretch in both numbers that has never been seen since the survey started in 1987. While sentiment levels didn't hit these levels during events like the Dot-com Crash and the Great Financial Crisis, Rotblut noted that when sentiment reaches bearish extremes, the market typically