Invesco's Hooper says there will be no recession in the next year

Money Life with Chuck Jaffe

Kristina Hooper, chief global market strategist at Invesco, says that recessions haven't been canceled, but there is no reason to expect one for at least the next year, "especially if we get the Fed to start to meaningfully ease." She thinks the Federal Reserve will start that easing process later this month with a small rate cut, largely because anything larger might spook the market. Hooper says she thinks the Fed is late to begin the cuts, which is why making the move now and starting the rate-cutting cycle is important for staving off recession. Chip Lupo, writer and analyst at WalletHub discusses the site's recent study into the best places to retire, finding that four of the top five locales being in Florida, but the fifth in frigid Minnesota. He discusses the factors that will ultimately make some community best for you. Plus, market contrarian Hilary Kramer, who runs seven different investment newsletters, focused on everything from value investing to IPOs to trading and more, returns to the Market Call to talk stocks.