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Recession Could Set Stocks Up For A Better Second Half Of The Year

Schwab Network

English - December 20, 2022 19:15 - 5 minutes - 56.3 MB - ★★★★★ - 23 ratings
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Weaker economic trends will likely form heading into 2023 as the Fed battles inflation, says Rob Fleming. He discusses how a mild recession may help set up stocks for a better second half of the year. He notes that he continues to recommend that stock picking-oriented investors focus on quality-based factors and long-term investors should remain disciplined. He then goes over the takeaways from today's housing data as Housing Starts & Permits for November 2022 were released today, December 20th. Finally, he talks about what to watch for in the new year. Tune in to find out more about the stock market today.