Region's McKnight: Investors must adjust expectations and portfolios

Money Life with Chuck Jaffe

Alan McKnight, chief investment officer at Regions Asset Management says that "the path forward is different than the path we have been on," and that investors must now keep inflation and interest rates "top of mind" as they rethink what is possible and reasonable for the market. He noted that Regions' forecast of returns of 1.5 to 2 percent annualized gains for bonds and roughly 6 percent average gains for stocks over the next decade, which along with heightened volatility will be hard for many investors to stomach. Also on the show, Tom Lydon of ETFTrends.com makes a long-running, big-name dividend-paying fund his ETF of the Week, Chuck answers a listener's question about investing in I-bonds, and advisor Oliver Pursche of Wealthspire talks about stocks and investing defensively in the Market Call.