IBKR's Torres: Recession is coming in '24, but it'll be short and mild

Money Life with Chuck Jaffe

Jose Torres, senior economist at Interactive Brokers, says that America remains the best country in the world to do business in, which is going to maintain "a basement" that the economy will not slip past when it loses some steam early next year. "The consumer has assets and has jobs, and those two things will keep the economy doing all right," he says in The Big Interview. Tom Lydon, vice chairman at VettaFi, pursues really big dividends with his pick for the ETF of the Week. Claire Martin Tellis discusses a Preply.com survey showing that higher salaries don't always lead to the best job satisfaction, but lower salaries do tend to involve work that's boring. Plus, in the Market Call, Derek Izuel, chief investment officer at Shelton Capital Management, talks stocks.