Buffalo's Dlugosch: Earnings, more than rates, inflation, will set high-yield's path

Money Life with Chuck Jaffe

Paul Dlugosch, portfolio manager for the Buffalo High-Yield, says that the high-inflation and rising-rate environment has been mostly priced in to the high-yield bond market, which will make the quality and strength of corporate earnings the big determinant of whether the junk-bond market can recover or if it will face troubles that linger to 2023 and beyond. Also on the show, David Trainer of New Constructs fills the Danger Zone with mutual funds that get good star ratings from research firm Morningstar, but which get dangerous ratings from his firm, author Tony Delauney talks about "The No-Regrets Retirement Roadmap," and Corie Colliton, senior industry analyst for Security.org discusses the site's recent survey showing how many people are now investing in cryptocurrency and which surprising demographic groups are joining the trend.