Podcast appearances and mentions of tom lydon

Caleb Silver, editor-in-chief at Investopedia, says that uncertainty is kryptonite to investors and he worries that the longer current worries about tariffs, inflation, recession and more drag out, the more people could stop believing in long-term investing and stop their "relentless bid" where they put money into retirement plans with every paycheck. The market will keep going — perhaps slower, and possibly with a bear market and a possible recession — so long as the money keeps flowing, and he sees that stemming the tide of any declines. That is one of four interviews from FutureProof Citywide in Miami Beach this week; Chuck also chats about the markets with Don Calcagni, chief investment officer at Mercer Advisors, and Tim Holland, chief investment officer at Orion. Plus, after Todd Rosenbluth, the head of researchat VettaFi makes a Vanguard quality-based fund his ETF of the Week, Chuck finds longtime friend and former Money Life regular Tom Lydon at the conference and they catch up on other developments in the ETF world.

Industry luminary Tom Lydon provides his unique perspective on the current ETF landscape.  VettaFi's Cinthia Murphy highlights five ETF categories that might benefit from the recent market turmoil.

Bob Doll, chief investment officer at Crossmark Global Investments, returns with his annual  forecasts for the stock market, the economy, the financial industry and more in the year ahead. He notes that the consensus for 2024 is a soft landing, but he thinks the lagged impact of everything that cause recessions -- massively higher interest rates, retail inventory levels rising, savings rates coming down and more -- will finally lead to a mild recession in the middle of this year. Doll also thinks that stocks could finish the year in the red. Also on the show, Tom Lydon of Vettafi turns to an actively managed short-term bond fund for his ETF of the Week, and Mike Bailey, director of research at FBB Capital Partners, talks "beat and raise investing" in the Market Call.

 VettaFi's vice chairman Tom Lydon discussed the PIMCO Enhanced Short Maturity Active ETF (MINT) on this week's “ETF of the Week” podcast.

Rob Arnott, chairman and chief executive officer at Research Affiliates sees a recession as likely for late 2024, but expects the entire year to be dominated by domestic and geopolitics that create significant "left tail risk," the most extreme potential downside performance. It will be, he says, "a year of living dangerously," but he views current conditions "as a wonderful opportunity" to lean into value investing strategies. Also on the show, Tom Lydon, vice chairman at VettaFi makes a call on currencies and Japan with his ETF of the Week, and Mark Yusko, chief investment officer at Morgan Creek Capital Management, talks about ETF investment strategies in the Market Call.

 VettaFi's vice chairman Tom Lydon discussed the WisdomTree Japan Hedged Equity ETF (DXJ) on this week's “ETF of the Week” podcast with Chuck Jaffe of “Money Life.” 

 VettaFi's vice chairman Tom Lydon discussed the VictoryShares US Small Cap High Dividend Volatility Wtd ETF (CSB) on this week's “ETF of the Week” podcast with Chuck Jaffe of “Money Life.” 

Veteran money-manager Louis Navellier, president of Navellier & Associates, says he hasn't seen "a real blow-out year since '99; I think we're overdue for one of those kind of years." He says that the market currently is grossly undervalued relative to interest rates and he says that small cap stocks could go up "100 percent or more," but he is also calling for a strong year for big stocks, oil and energy companies and he says the Magnificent Seven stocks are likely to keep rolling. Also on the show, Tom Lydon of VettaFi turns to small-cap -- but a specialized small-company fund that focuses on dividend payers while trying to mute volatility -- as his ETF of the Week, and James Royal discusses a recent Bankrate.com survey showing that more than half of Americans sought out financial advice in 2023, though they didn't all turn to good sources to get it.

Darrell Cronk, chief investment officer at Wells Fargo Wealth & Investment Management -- president of the Wells Fargo Investment Institute -- says the market's current rally has it ahead of where it should be, and he expects a slowdown both for the economy and the stock market early in 2024, lasting until the Federal Reserve cuts interest rates and stimulates the economy, kicking off a strong second half of the year. In discussing Wells Fargo's outlook for 2024, Cronk recommends that investors keep some dry powder waiting for that inflection point. Tom Lydon, vice chairman at VettaFi looks to a genomics fund that has been a bit out of favor for his ETF of the Week, noting that he thinks the fund and the area it invests in are ready for a takeoff. Plus, Glenn Tompkins, senior global market strategist at VectorVest makes his debut in the Market Call, and Chuck has a surprise extra segment based on the day's headlines.

VettaFi's vice chairman Tom Lydon discussed the ARK Genomic Revolution ETF (ARKG) on this week's “ETF of the Week” podcast with Chuck Jaffe of “Money Life.” 

Jay Jacobs, U.S. Head of Thematic and Active Equity ETFs at BlackRock, says in The Big Interview that artificial intelligence will move from the early stage where people are investing because they love the concept into its commercialization phase where investors are attracted by the profits as they see new technologies emerge and start to take hold in 2024. Among his other investment themes for the year ahead, medical innovation, which he also expects to be helped along by the use of AI. Also on the show, Tom Lydon, vice chairman at VettaFi looks at what's glittering now with his ETF of the Week, Will Hansen of the Plan Sponsor Council of America discusses the group's 66th Annual Survey of Profit Sharing and 401(k) Plans, which shows that Americans' have cut back on savings with the end of pandemic-driven stimulus dollars, and Amber Fairbanks of Impax Asset Management -- co-manager of the firm's new Global Social Leaders fund -- talks stocks in the Market Call.

VettaFi's vice chairman Tom Lydon discussed the SPDR® Gold Shares (GLD) on this week's “ETF of the Week” podcast with Chuck Jaffe of “Money Life.” 

Barry Bannister, chief equity strategist at Stifel, says that the stock market "is a couple of hundred points ahead of where we should be," which means there's not a lot of upside here, but he does expect the factors driving the market to keep shifting away from growth and more towards value stocks. He says value and international stocks move together, and he expects them to turn positive now as value, international and small-cap stocks have been oversold. In the ETF of the Week, Tom Lydon of VettaFi says there is no place like home, and no sector like home builders. And in the Market Callm Jonathan Smucker of Marietta Investment Partners talks about using macro factors to guide asset-allocation decisions before applying fundamentals and a bottoms-up approach to pick actual investments.

VettaFi's vice chairman Tom Lydon discussed the SPDR® S&P® Homebuilders ETF (XHB) on this week's “ETF of the Week” podcast with Chuck Jaffe of “Money Life.” 

VettaFi's Tom Lydon offers perspective on using alternative ETFs in a portfolio.  Madison's Patrick Ryan discusses the firm's recent ETF entrance and explains the rise of active ETFs.  Cerulli's Daniil Shapiro highlights several of the industry's biggest trends.

Jeffrey Hirsch, editor of the Stock Trader's Almanac, says that the stock market is right on track with expected calendar effects, which he sees as continuing through a Santa Claus rally and a positive January Barometer -- which portends a good year ahead for 2024. Further, citing the history of election-year market patterns, Hirsch says he expects the market to stay strong during 2024, holding off a recession and a bear market until 2025. That would be in keeping with classic election-cycle patterns. Also on the show, Tom Lydon, vice chairman at VettaFi, looks toward international small caps -- an area that has recovered to where the trend is turning positive -- for his ETF of the Week, and Adam Rozencwajg of Goehring and Rozencwajg talks natural resources and commodities investing in an extended Big Interview.

VettaFi's vice chairman Tom Lydon discussed the iShares MSCI EAFE Small-Cap ETF (SCZ) on this week's “ETF of the Week” podcast with Chuck Jaffe of “Money Life.” 

Dec Mullarkey, head of investment strategy and asset allocation at SLC Investments, says rate volatility has driven most market activity this year, and now the stock market is pricing in interest rate cuts toward the end of 2024. He thinks that timing is about right, but he notes that the market's fortunes for next year will rest almost entirely on the Federal Reserve, with the market understanding that the central bank has "reserved the right to be tougher here.  Also on the show, Tom Lydon, vice chairman at VettaFi has his ETF of the Week, and the VCR he's discussing is not the one gathering dust in your basement, economist Lawrence Marsh discusses his book "Money Flow in a Dynamic Economy," and how changes in the way money is moving have altered the picture for both the country and the world -- and how further changes could solve many of those problems -- plus Stan Haithcock "Stan the Annuity Man" returns to answer a personal question from Chuck about whether to take a lump-sum buyout offer on an old pension or to stick with the structured payout plan.

VettaFi's vice chairman Tom Lydon discussed the Global X SuperDividend® ETF (SDIV)on this week's “ETF of the Week” podcast with Chuck Jaffe of “Money Life.”

Jose Torres, senior economist at Interactive Brokers, says that America remains the best country in the world to do business in, which is going to maintain "a basement" that the economy will not slip past when it loses some steam early next year. "The consumer has assets and has jobs, and those two things will keep the economy doing all right," he says in The Big Interview. Tom Lydon, vice chairman at VettaFi, pursues really big dividends with his pick for the ETF of the Week.  Claire Martin Tellis discusses a Preply.com survey showing that higher salaries don't always lead to the best job satisfaction, but lower salaries do tend to involve work that's boring. Plus, in the Market Call, Derek Izuel, chief investment officer at Shelton Capital Management, talks stocks.

 VettaFi's vice chairman Tom Lydon discussed the Vanguard Consumer Discretionary ETF (VCR)on this week's “ETF of the Week” podcast with Chuck Jaffe of “Money Life.” 

BJ Webster, chief investment officer at Alera Group Wealth Management, says he does not expect the economy to have a hard landing, and while there will be discomfort, investors will survive a downturn and will see slower growth that brings down interest rates, which in turn will help to give a boost to any subsequent recovery. Webster notes that if the Federal Reserve is done hiking rates while other central banks are continuing to raise interest rates, international markets might benefit from the resulting weaker dollar, as well as current valuations that are better than on domestic stocks. Also on the show, Tom Lydon of VettaFi looks at a young high-yield fund for his ETF of the Week, Chuck puts a bow on his annual Halloween cash-or-candy, trade-or-treat fun, and Sam Burns of Mill Street Research talks stocks in the Money Life Market Call.

VettaFi's vice chairman Tom Lydon discussed the BondBloxx USD High Yield Bond Sector Rotation ETF (HYSA) on this week's “ETF of the Week” podcast with Chuck Jaffe of “Money Life.” 

 VettaFi's vice chairman Tom Lydon discussed the RiverFront Strategic Income Fund (RIGS)on this week's “ETF of the Week” podcast with Chuck Jaffe of “Money Life.” -1Disclose: "RiverFront has an agreement with Vetta Fi whereby Vetta Fi is paid by RiverFront to promote RiverFront and RiverFront sub-advised ETFs to a Financial Adviser Only Audience."2Disclose:  Opinions expressed are current as of the date shown and are subject to change. Past performance is not indicative of future results and diversification does not ensure a profit or protect against loss. All investments carry some level of risk, including loss of principal. An investment cannot be made directly in an index. This report does not provide recipients with information or advice that is sufficient on which to base an investment decision. This report does not take into account the specific investment objectives, financial situation or need of any particular client and may not be suitable for all types of investors. Recipients should consider the contents of this report as a single factor in making an investment decision. Additional fundamental and other analyses would be required to make an investment decision about any individual security identified in this report.

Larry Adam, chief investment officer at Raymond James, says he expects a recession at the start of next year, but he's not nervous about it because much of the damage is already priced in and the downturn is likely to last six months, rather than the 10 months of an average recession. Moreover, with the stock market typically bottoming four to six months before a recession ends, Adam says investors may want to be buying in while the downturn is in mid-swing. Adam currently favors technology, energy, health care and financials. Tom Lydon, vice chairman at VettaFi, brings back a long-running fund powerhouse as his ETF of the Week, Chuck answers a listener's question about inflation-protected savings bonds -- with the new I-bond inflation rate having just been announced --  and absolute-value manager Brian Frank of the Frank Value Fund talks stocks in the Market Call.

VettaFi's vice chairman Tom Lydon discussed the ETF of the Week: VanEck Morningstar Wide Moat ETF (MOAT) on this week's “ETF of the Week” podcast with Chuck Jaffe of “Money Life.” 

Money Life goes to the Fin Con Expo this week, with Chuck in New Orleans at the annual gathering of financial content creators, which is a mix of bloggers, podcasters, freelance writers, fin tech companies and forward-thinking financial minds, and you will hear from Preston Yadegar of Shareholder Vote Exchange (a company helping investors sell the votes on their shares), David Edey of the Executor Help podcast, Anthony Rushing of First Loan HELOC (which is working to help investors use credit lines to replace mortgages to save on home ownership and interest costs), and fraud expert Kathy Stokes of AARP. Plus, every Thursday starts with the ETF of the Week, and Tom Lydon of VettaFi does something he has not done in the history of Money Life, namely pick a fund that is NOT an ETF, though it has aspirations -- and hopes -- of being one someday.

Research Affiliates' Rob Arnott offers his views on the current market environment and the future of smart beta.  VettaFi's Tom Lydon discusses the recent fake bitcoin ETF news, equity market technicals, TLT inflows, and ETF stories to watch the remainder...

CNBC's Bob Pisani spoke with Cathie Wood, CEO of ARK Invest, and Tom Lydon, Vice Chairman of VettaFi. They broke down the path ahead for crypto and spot bitcoin ETFs after the SEC opted not to appeal the court decision on Grayscale's bitcoin ETF conversion over the weekend. Does this mean a spot bitcoin ETF might now be just around the corner? They also discussed the fate of technology in the face of higher rates, ARK's foray into European investing and other investment bright spots Cathie Wood is paying attention to right now. In the “Markets 102” portion, Bob continued the conversation with Tom Lydon from VettaFi.

Nate Thooft, chief investment officer at Manulife Investment Management, says that the strength of domestic stocks has been such that they are overpriced relative to international issues, which is why he has been light on U.S. equities of late. Thooft expects equity conditions to change at some point in the next year as a recession sets in, bringing with it "value destruction" that . Once that happens and there's been some "value destruction," it will be time to be more excited about stocks, but particularly the domestic issues. Also on the show, Tom Lydon, vice chairman at VettaFi, makes an active-income strategy his ETF of the Week, Matt Brannon discusses research from Clever Real Estate showing that one in four Americans is falling deeper into credit-card debt each month, and Clark Kendall, president of Kendall Capital Management, talks stocks in the Market Call.

Steve Rick, chief economist at TruStage, expects the economy to slow in 2024 -- resulting in "a growth recession" rather than a traditional full-blown economic meltdown -- likely staving off a major stock market decline. Rick says he has heard from more nervous bank and credit union top dogs who are scared about economic conditions than at any time in his 30 plus year career and he worries that a slowdown in lending could be a trigger for something bigger and worse than he currently expects. Also on the show, Tom Lydon, vice chairman, VettaFi make a managed-futures fund his pick for ETF of the Week, Chuck talks the $1.2 billion Powerball jackpot from Wednesday night and why the lump-sum payment was one of the lowest any big-prize distributions in years, plus Brian Drubetsky -- manager of the Cullen Small Cap Value Strategy fund -- talks small- and mid-sized stocks in the Market Call.

Victoria Fernandez, chief market strategist at Crossmark Global Investments, says it typically  takes about a year from the start of a rate-hike cycle to impact the revenues of companies and then another nine months before layoffs and other fallout hits home. She says soft landings require increases in government spending, banks to ease lending requirements and labor costs coming down, and those factors aren't in the cards. Coupled with higher energy costs, the continuing strain on consumers and more, Fernandez says the economy and market is likely to take a hit early next year. Also on the show, Tom Lydon of VettaFi hums the tune of a new specialty fund for his ETF of the Week, Catherine Collinson of the Transamerica Center for Retirement Studies discusses their new research -- out today -- showing how the expectations of pre-retirees differ from the realities experienced by actual retirees, and Adam Peck of Riverwater Partners talks social investing in the Market Call.

Doug Roberts, chief investment strategist at Channel Capital Research, says the Federal Reserve is putting "arrows in the quiver" to deal with a recession if it happens, but that the central bankers have signaled that "if there's a rough landing ... they won't be so quick to react to it." Roberts says the economy remains strong -- and that the U.S. is still the best market in the world -- despite the market acting like it's in a correction. He sees the narrow, large-cap rally continuing for the foreseeable future. Plus, Tom Lydon, vice chairman at VettaFi, picks up on the quality theme he discussed a week ago, but turns in the small-cap direction with his "ETF of the Week," Chuck goes off the news with a consumer story that impacts every adult in the country -- and which serves as a reminder to take care of your financial chores -- and Tom Graff, head of investments at Facet, returns to the Market Call to discuss exchange-traded funds.

Whitney Tilson, founder and chief executive officer at Empire Financial Research, says he expects the market to be flat to slightly up for the remainder of 2023 -- gaining about 5 percent on top of the 17 percent gains thus far -- and then gaining another 10 to 15 percent in 2023. He expects the "sanguine, strong" economic environment to continue despite the skepticism that has been present -- but which hasn't really slowed anything -- this year. Also on the show, Tom Lydon of VettaFi dives into factor ETFs with his pick for "ETF of the Week," and Eric Marshall, president and portfolio manager at Hodges Capital Management talks stocks in the Market Call.

Odysseas Papadimitrou, chief executive officer at WalletHub.com, says that concerns over recent news about the nation's credit-card debt are overblown, in part because the numbers released recently by the Federal Reserve aren't adjusted for inflation. WalletHub analyzed the numbers and found that credit card debit levels relative to assets and other metrics show that the consumer is stronger than the Fed number suggests, which suggests that the consumer-driven economy can keep rolling. Also ont he show, Tom Lydon of VettaFi makes a currency hedged play on Japan his 'ETF of the Week,' Greg McBride of BankRate.com discusses the site's annual checking account survey which shows record levels of ATM fees -- though he argues that statistic is less important than it has been in decades -- and, in the Market Call, Ken Mahoney of Mahoney Asset Management discusses his GPS Method of buying companies that beat estimates and raise guidance. 

Craig Salm, Chief Legal Officer at Grayscale, goes in-depth on the firm's recent court victory and explains what might happen next in their quest to convert the Grayscale Bitcoin Trust (GBTC) into an ETF.  Tom Lydon, Vice Chairman of VettaFi, discusses year-to-date ETF flows and current investor sentiment.

CNBC's Courtney Reagan spoke with Tom Lydon, Vice Chairman of VettaFi, and Christian Magoon, CEO of Amplify ETFs. They broke down the latest ETF flows, talked standout summer trends and tackled what's ahead for the markets in September. Will there be a September swoon ahead? They also did a deep dive on thematic ETFs like bitcoin and marijuana, as recent regulatory developments are making big waves in the ETF business on both fronts. 

Meb Faber, chief executive and chief investment officer at Cambria Investments, pounded the table for value investments -- and noted that he never even uses the phrase 'pound the table' -- noting that 'some of the opportunity set that exists today for value-style investments is some of the best we've ever seen.' Despite that environment, Faber is not exceptionally bullish for the market as a whole, noting that 'the conditions we have today are much, much closer to very poor broad-based stock returns going forward for the next decade.' Also on the show, Tom Lydon, vice chairman at VettaFi, goes old-school and makes a classic fund with a bent for industrial stocks his pick as ETF of the Week and, in the market Call, Kyle Balkissoon of the Hennessy Stance ESG ETF, discusses his mix of social and governance factors with quantitative investment tactics.

Jeff Weaver, senior portfolio manager at Allspring Global Investments, discusses how the money-market fund business has changed as interest rates have climbed to where payouts are at levels not seen in decades, but cautions against going all-in on the short-term savings instruments because when a recession comes -- something he expects for 2024 -- investors who have not started to lengthen out the maturity of fixed income holdings will miss out on the solid longer-term rates available today. Also on the show, Tom Lydon of VettaFi looks at the strong consumer's shopping habits for his ETF of the Week, author Kerry Pechter of Retirement Income Journal discusses his revised version of 'Annuities for Dummies' and the way higher interest rates and inflation have changed the picture for annuity products, and Luke Babich of Clever Real Estate discusses their survey showing that Americans in the market for a home have some surprising misconceptions about the costs and responsibilities of buying and owning one.

Robert Frick, corporate economist at Navy Federal Credit Union, says that, in hindsight, the economy was never in real danger of a recession because of the strong consumer and with the consumer now getting stronger the economy will be able to move forward at reasonable growth levels. Frick also calls the inverted yield curve and the leading economic indicators 'irrelevant,' noting that conditions were so changed by the pandemic that the key numbers to watch changed. He watches spending, and while he feels good about prospects, Frick is not optimistic due to economic challenges facing the nearly one-third of Americans who qualify as 'lower-income.' Also on the show, Tom Lydon of VettaFi turns to uranium for his ETF of the Week. And the Market Call features a first in the history of the show -- coverage of preferred securities -- with Douglas Crimmins of Relative Value Partners talking about generating income at reasonable prices.

Crit Thomas, global market strategist at Touchstone Investments, says the stock market's strong run makes investors feel good, but it has gotten to a point where the market is expecting more that a slowing economy that is dealing with inflation can deliver. Thomas says the current earnings recession is problematic -- regardless of whether the broad economy enters a recession -- because it shows that micro issues and what is happening at the company level will be more important than the macro, big-picture issues moving into 2024. In the ETF of the Week, Tom Lydon of VettaFi looks at a new fund that puts a different twist -- driven by artificial intelligence -- on 'Buy on the dips.' Ted Rossman of Bankrate.com looks at how inflation and rate changes are impacting credit-card users, and what it all says for the big picture at a time when credit-card debt nationally now exceeds $1 trillion. In the Market Call, Dorrit Lowsen, president of Change Finance, talks stocks through the lens of her firm's unique take on ESG investing.

Steve Sosnick, chief market strategist at Interactive Brokers, says investors should be thinking defensively and looking at dividend stocks rather than hoping that central bankers will pivot and start cutting rates to boost the market, because he thinks the Fed will stick with higher rates until economic conditions deteriorate to where such a move is necessary. Tom Lydon, vice chairman at VettaFi, meanwhile, looks toward small-cap stocks with his pick for ETF of the Week, George Milling-Stanley of State Street Global Advisors returns to the show for a second day, going off the news to talk about how Fitch Ratings' cut of the U.S. credit rating will impact markets and gold, and Darren Chervitz of Jacob Discovery Fund talks about buying small - and micro-cap stocks at value prices in the Market Call.

Long-time bond fund manager Dan Fuss, vice chairman at Loomis Sayles and Co., says that the current economic environment 'rhymes with what we had in the 1970s, but the geopolitics and the climate are new things, and they are actually more important right now than what the Fed is up to.' Fuss says he does not expect short-term interest rates to start trending downward quickly, noting that he expects the yield curve to flatten but not to return to its normal slope soon. Also on the show, Tom Lydon, vice chairman at VettaFi, turns to regional banking -- a sector that has been troubled and which may not be through those rough times this week -- for his ETF of the Week, and author Michael Robbins discusses the impact artificial intelligence is having on investment thinking as he discusses his book 'Quantitative Asset Management: Factor Investing and Machine Learning for Institutional Investing.'

VettaFi's Tom Lydon offers key takeaways from their recent Fixed Income Symposium.  Simplify ETFs' Paul Kim discusses the firm's recent growth and highlights several unique ETFs.  Democracy Investments' Julie Cane explains the investment thesis behind the Democracy International Fund ETF (DMCY).

Geoff Dailey, head of U.S. equities at BNP Paribas, says he expects the economy to go through a recession, but not one that is particularly deep or long, provided that the Federal Reserve's moves work toward reducing inflation. Dailey expects the market to be particularly volatile around news events like inflation and unemployment reports, but says that volatility will remove much of the building pressure for something bigger and more painful; his worry is that if inflation doesn't cool, the Fed could keep pushing until the economy craters, causing the worst-case scenario of a deep downturn. Also on the show, Mark Yusko of Morgan Creek Capital Management talks about the 'FANGMAN' stocks -- which he considers highly overvalued despite leading the market this year -- as well as funds and ETFs in the Market Call, Sam Huisache discusses a recent Clever Real Estate survey showing Americans don't feel that marriage is much of a factor when it comes to home buying, and Tom Lydon of VettaFi makes a consumer-centric fund his ETF of the Week.

Kristina Hooper, chief global market strategist at Invesco, says that she expects the stock market to remain range-bound for a few months, with the potential for a small pullback before it starts its next upward move at the end of the year. Hooper says she expects that we're less likely to see a serious economic downturn that she was earlier this year, noting that the Federal Reserve "is enjoying being in a more normal rate environment and wants to hold onto that for as long as it can." She also talked up the opportunities in fixed income, while downplaying concerns about the inverted yield curve, noting that investors need to start looking to lengthen maturities now to take advantage of the changing rate conditions. Also on the show, Dave Gilreath, chief investment officer at Innovative Portfolios discusses stocks -- and particularly the 'Bulls of the Dow' strategy, Tom Lydon of VettaFi makes a pioneering mutual fund that created its own niche and now dominates the asset class his pick as ETF of the Week, and Ted Rossman discusses a CreditCards.com study showing which states have the highest and lowest debt burdens relative to the incomes average people earn there.

David Hay, co-chief investment officer at Evergreen Gavekal -- the author of the Haymaker newsletter -- says the economy has been throwing 'a huge head fake right now' that has convinced a lot of pundits that the Federal Reserve can pull off a soft- or no-landing scenario. That's not what he's expecting, however, noting that there are plenty of indicators to suggest that troubles are mounting. Also on the show, Tom Lydon of VettaFi turns to an income fund for his ETF of the Week, Catherine Collinson of the Transamerica Center for Retirement Studies discusses the changing outlook that different generations have for their retirements, and William Smead of the Smead Value fund taks stocks -- and holding unpopular positions for a long time -- in the Market Call.

Phillip Wool, head of research at Rayliant Global Advisors, says that equities aren't really pricing in even the possibility of recession, which is setting up a correction "when the economy starts to visibly roll over," when "earnings forecasts and analyst revisions get more negative." He expects that correction in the next six to 12 months, noting that the current rally has been a false indicator because it has been so narrow, with two handfuls of stock driving the index. Tom Lydon of VettaFi talks about small-company cash cows as a diversifier for the narrow market in his ETF of the Week, Jenn Tracy discusses an IPX1031 study showing that more than 60 percent of Americans wish that shopping malls would make a comeback, noting that nearly 70 percent of the populace lives within an hour of a dead or abandoned shopping mall. In the Market Call, Justin Carbonneau of Validea.com talks about the investing methods of the masters, and applies them to the stock market to find the buying signals today.

Michael Lowenberg, portfolio manager for the Modern Capital Tactical Opportunities fund, says that years pf interest rates being held artificially low has created opportunities for investors looking for income now, at a point where cash can be a more tactical investment choice and closed-end funds offer good opportunities to buy income streams at a discount. He's in for the Market Call today, but Bryan Shipley of Arnerich Massena discusses behavioral economics and just how hard it is for investors to buy into financial assets at times when they are on sale. Plus, Tom Lydon of VettaFi looks to a famous brand-name index fund -- but one that's not the standard measure of the market these days -- for his ETF of the Week, and retirement columnist Brett Arends of MarketWatch discusses how seniors are more worried about running out of money than they are about death.

Nasdaq's Alison Doyle goes around the world of ETFs, highlighting flows, trading, launches, and new filings.  VettaFi's Tom Lydon discusses recent advisor polling data including surveys on equal weighting, stock valuations, bond duration, and more.  Zacks' Sal Esposito explains the Zacks Earnings Consistent Portfolio ETF (ZECP).