Choppy conditions are setting the stage for the next market advance

Money Life with Chuck Jaffe

Two very different interviews come to the same kind of conclusion on today's show, with Brian Levitt, global market strategist at Invesco, noting that inflation and other concerns aren't hurting corporate profits, and those strong profits are helping to improve valuations, setting up the market's next solid move upward, and Avi Gilburt of the Elliott Wave Trader saying he expects the Standard and Poor's 500 to move to nearly 5,000 before a pullback that sets up a big move that should get the index to the 6,000 range by the beginning of 2023. Also on the show, Greg McBride of BanRate.com talks about some good news -- mixed in with the usual bad -- in the site's annual survey on banking fees, ATM expenses, overdraft charges and more, and Gabriela Herculano, chief executive officer at iClima Earth, discusses emissions-free ESG investing in the Market Call.