AssetMark's Chan: Markets will stay 'favorable' well into 2026

Christian Chan, chief investment officer, at AssetMark, says that markets should remain favorable for as long as economic conditions stay modestly positive, but he notes that the artificial-intelligence boom is helping to ensure that's the outcome, putting a floor under how much damage can be suffered in any financial storms. Chan says he expects those storms to stop short of a recession and he's not as sure as some observers that the market itself is in a bubble; he expects the Federal Reserve to cut rates, but notes that they won't go too low for too long, which should help the economy move forward without hurting the fixed-income markets.

Behavioral finance expert Terrance Odean, a professor at the Haas School of Business at the University of California-Berkeley, discusses what investors do wrong when they are staring down bubbly conditions and how they ought to behave when markets are frothy and the experts are concerned about what the end of a rally will look like.

Kathryn Berkenpas, managing director of corporate growth for the CFP Board of Standards discusses the biggest financial regrets from Generation X, whose oldest members are turning 60 this year. A CFP Board of Standards survey of Gen-Xers, showed that nearly half felt they made financial moves that have ultimately cost them at least $100,000 in what they could have saved simply by pursuing better money behaviors.