Harbor's Gleich: 'Genuine inflation problem' will heighten volatility

<p>Kristof Gleich, founder and chief investment officer at <a href= "https://www.harborcapital.com">Harbor Capital Advisors</a>, says investors should be surprised that the economy hasn't gone into inflation, but notes that the market has a 'genuine inflation problem' that is persistent and structural and likely to linger for a year or two, at least, as the Federal Reserve struggles to get the pace of rising costs down to 2 percent. As a result, he expects  more volatility from the market, with more vibrant rallies like we are seeing now balanced out by more vicious snapbacks/ Also on the show, Tom Lydon of <a href= "https://www.VettaFi.com">VettaFi</a> responds to the market's narrow leadership with a counter-intuitive play, making the equal-weighted version of a popular index his ETF of the Week, Christian Mitchell discusses the first data release of <a href= "https://www.northwesternmutual.com">Northwestern Mutual's</a> <a href= "https://www.news.northwesternmutual.com/planning-and-progress-study-2023"> 2023 Progress and Planning Study</a>, noting that investors are braced for impact with a downturn, and Chuck answers a listener's question about the resources he reads and uses for help in guiding his portfolio.</p>