Recession fears are on the rise once more, as concerns grow that the U.S. Federal Reserve's fight against inflation could push the economy into a prolonged slowdown. The yield curve is already signaling that a recession could be on the horizon. "The bond market is saying that a recession is imminent. I think that's pretty clear," fund manager Steven Glass told CNBC's "Street Signs Asia" Monday.
"Pella is emphasizing investing in companies with relatively high certainty of earnings and are trading at attractive valuations relative to those earnings," he said. He likes companies with "large and guaranteed" order books, such as Dutch semiconductor equipment maker ASML and healthcare solutions provider IQVIA , as well as firms with a large portion of repeat sales, such as Adobe and Swedish mining equipment manufacturer Epiroc.
For more than a year we’ve been hearing this prediction. Yawn
Remember folks if you listened to these criminal carnival barkers free financial advice last year you would be down 60% or more today, careful taking free financial advice from this criminal boiler room operation disguised as “business news” SquawkStreet SquawkCNBC
Boycott Tesla
yah what they won’t tell you the largest amount of short selling activity in history, i’m even short selling right now. they want retail to get hammered on the down swing use the profits from the margin calls to buy back in a trillion dollar swing in the market