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Podcast: Money Life with Chuck Jaffe
Episode: Crossmark's Fernandez: Today's positives won't stop recession in '23
Description: Victoria Fernandez, chief market strategist at Crossmark Global Investments, says that while there are real positives to take away from recent market activity, the lag effect from Federal Reserve actions will slow growth, earnings and profit margins sufficiently to create a small recession in the spring or summer of 2023. She recommends selectively managing portfolios to add balance, but warns against "taking wild swings at this market because things can change too quickly and you'll get caught on the wrong side of that." Veteran technical analyst Martin Pring of Pring Turner Research says that most of the indications he is...