Wall Street vet Ron Insana expects a 'garden-variety bear market'

Money Life goes to the beach for the rest of this week, with Chuck conducting interviews at FutureProof Citywide, a festival for financial advisers held on Miami Beach. His first conversation at the event was with veteran CNBC personality Ron Insana, now the head of wealth at QuantumStreet AI, who says investors are right to be concerned about current levels of valuation and also geo-political policy uncertainty, but who doesn't see market issues extending to a level of a crash or crisis. The show also features Stephen Tuckwood, chief investment officer at Modern Wealth Management, leading financial adviser Michael Kitces, the head of planning strategy at Focus Wealth Partners, and Jeff Garden, chief investment officer at Lido Advisors, who makes a notable case against investing internationally — particularly in Europe — as a way to diversify a portfolio now.