James St. Aubin, Chief Investment Officer for the Sierra Mutual Funds, believes that investors can win by not losing, and while holding cash won’t keep pace with high inflation, he says being on the sidelines waiting for the market “to show some productive trends” is a sound strategy for current conditions. St. Aubin says that while the Federal Reserve’s clear mission is to tame inflation even if it means triggering a recession, the stock market will continue to respond badly until it has a more clear direction. Also on the show, Mike Dowdall, chief investment officer at Alternative Fund Advisors, discusses the private credit market as an alternative to ordinary stocks and bonds in this market, David Botset of Schwab Asset Management discusses the firm’s 11th annual study of ETF investors and their changing habits, and David Trainer of New Constructs puts a popular pandemic stock in “The Danger Zone,” marking it as his latest “zombie stock,” walking dead as it burns through cash with no sign of profits in sight.

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The thoughts and opinions expressed in the segment are solely those of the person speaking as of 9/26/2022, and not necessarily those of Sierra and are provided for informational purposes only. Any opinion or estimate contained in this video is made on a general basis and is not to be relied upon by the listener as advice. The listener must make his/her own assessment of the relevance, accuracy, and adequacy of the information contained in this segment, and make such independent investigations as he/she may consider necessary or appropriate for the purpose of such assessment.