TD Ameritrade's Linahan: 'Get used to seeing days like this'

Money Life with Chuck Jaffe

Stock market volatility is up as the markets try to sort out whether inflationary increases are permanent and when the Federal Reserve will decide it's time to raise interest rates, and that backdrop -- coupled with renewed fears of how Covid-19 could impact the business world -- should make volatility the norm for at least the remainder of the year, according to JJ Kinahan, chief market strategist for TD Ameritrade. Kinahan says the market 'is telling us that you shouldn't be expecting inflation for awhile,' and he notes that the market's technicals are mostly in line with the strong fundamentals to make it that a crash or a recession doesn't seem to be in the offing. In Left Brain Thinking today, Noland Langford of Left Brain Investment Research talks about the durability of the cashless society movement and says that Visa, PayPal and Square are poised for massive growth on that front, without even factoring in cryptocurrencies as a future form of cashless payment. And in the Market Call, financial adviser Adam Lampe of Mint Wealth Management talks stocks.