Joe Kalish, chief macro strategist at Ned Davis Research, says that the big picture still argues for overweigting stocks relative to bonds and cash so long as the Federal Reserve follows through on making rate cuts and the economy avoids recession. While economic conditions make it look like a soft landing is in place now, Kalish is concerned about the outlook for 2025, noting that his concern level rises the longer the Fed holds off on rate cuts. Kalish says that the central bank can cut rates while still having restrictive policies, and that if it keeps rates tight for too long, cuts would come too late to avoid much rougher times. Also on the show: Bloomberg reporter Saleha Mohsin talks about her new book, "Paper Soldiers: How the Weaponization of the Dollar Changed the World Order" and how long the U.S. can maintain its position as the world's financial superpower; Brent Thurman, chief executive officer at Money Pickle discusses the latest developments in the fiduciary rule governing the behavior of financial advisers and whether it makes a difference to consumers in their day-to-day workings with brokers and financial planners; plus, with the Major League Baseball season just one day away, tax attorney David DeJong of Stein Sperling discusses what you might want to toss back and forth with your tax adviser if you are lucky enough to catch a milestone baseball when you go to the ballpark this year.