Wells Fargo's Christopher: First a downturn, then the economy triggers another rally

Money Life with Chuck Jaffe

Paul Christopher, head of global investment strategy at the Wells Fargo Investment Institute, says the market will take a break of as much as 10 percent, and he is looking for that kind of setback before getting back to being fully invested. That said, he expects the economy to pivot out of slowdown mode and "into a more sustainable growth path, but probably not until later this year or early in 2025." David Trainer, founder/president of New Constructs, puts a popular consumer name into the Danger Zone, Jeff Lambert of Tiicker — a service that helps companies reward investors for participating in proxy votes — discusses the firm's recent survey which shows that more than three-quarters of investors might pay attention to and actually vote their proxies if there was a tangible benefit to getting it done. Plus, in the Market Call, Ed Shill, managing director at the Wealth Enhancement Group talks about how investors should go looking for individual stocks at times like now when the market is "overbought," and among his surprising picks for these times is troubled airplane maker Boeing, which he describes as an enormous bargain as it tries to regain lift after recent operational troubles.