Fort Washington's Sargen: No landing looks likely, but isn't all good

Nick Sargen, senior economic advisor at Fort Washington Investment Advisors, doesn't see a recession as imminent but he says a lot of the good news has already been priced into the stock market, which will lead to slower gains or sideways performance moving forward. Sargen says that market observers expecting a soft landing were thinking that situation would allow the Federal Reserve to aggressively cut interest rates; in a no-landing scenario, however, investors should not expect the rapid rate cuts or the big rally that typically comes with a rate-reduction cycle. Todd Rosenbluth, head of research at VettaFi, makes Neuberger Berman Option Strategy his "ETF of the Week," discussing where this kind of alternative fund fits into an investor's portfolio, and in the Market Call, Jay Hatfield, chief executive officer at Infrastructure Capital Advisors mixes macro big-picture observations with the micro of solid fundamentals to identify interesting income-producing stocks.