Annex Wealth's Jacobsen:'time to play catch up as the market broadens out'
Description
Brian Jacobsen, chief economist at Annex Wealth Management, says that 2025 is likely to see the leaders from the last few years move sideways while the rest of the market "can get some more traction and play a little catch-up." He notes that if the market broadens out and those other companies see earnings growth, it can keep the bull market rolling and offset a slowdown in rate cuts from the Federal Reserve as the central bank responds to sticky inflation by slowing its pace of rate reductions. Scott Krase, wealth manager at Connor & Gallagher OneSource, makes his debut in the Market Call, talking about ETFs and how they particularly provide access to alternative asset classes in ways that ordinary investors can benefit from in current conditions. Chuck also reviews what he has long called his "change experiment," where he saves all of his cash below $10 bills, and how much that added up to not just in 2024 but since he started doing it in 2020.