Yahoo Finance published this video item, entitled “Strategist discusses trades to consider, why there will not be a recession, and the 2024 election” – below is their description.
Earnings season is around the corner and many investors will be watching for signs of an economic slowdown.
Baird Managing Director and Market Strategist Michael Antonelli joins Yahoo Finance Live to weigh in on whether market volatility will continue. Antonelli is in the “no recession camp” and advises investors in the same camp to look at industrials and financials stating “I think we need to be picking through the industrial sector.”
Antonelli remains optimistic about the “no recession” outlook—noting six factors the National Bureau of Economic Research (NBER) looks at in order to determine a recession and of the six, five remain positive.
Antonelli sees this as one of the many signs that a recession is not on the horizon, noting “things that cause a recession just aren’t flashing.”
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