Elliott Wave's Gilburt sees market gaining nearly 50 percent by 2023

Money Life with Chuck Jaffe

Avi Gilburt, editor of the Elliott Wave Trader, says that he sees the Standard and Poor's 500 having a summer rally -- after a small near-term pullback -- to finish the year at 4,600 and maybe slightly higher, but his long-term outlook is that the index will reach 6,000 by 2023. Also on the show, Steve Wendel, head of behavioral research at Morningstar, discusses new research on how the pandemic is affecting Americans' financial security, Matt Schulz of LendingTree talks about how fewer consumers were stashing their cash in March and whether the savings trends are changing as the economy reopens, and Hilary Kramer -- who oversees seven different investment newsletter -- returns to the Market Call for the first time in over two years to talk about stocks.