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Walmart (WMT), Alrtia Group (MO): Stock Picks Amid Inflation

Schwab Network

English - December 19, 2022 20:48 - 6 minutes - 166 MB - ★★★★★ - 23 ratings
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Rate cuts are unlikely until the Fed is confident that inflation is under control, says Mark Falter. He discusses inflation's impact on the economy. He talks about how the chances of a soft landing are getting slimmer by the day, and he thinks inflation has cooled more than expected at this point. He then goes over his stock picks which include Walmart (WMT) and Altria Group (MO). Finally, he examines liquidity in portfolio positioning. Tune in to find out more about the stock market today.