Mild Recession Brings Opportunities in Tech Stocks, Corporate Bonds: Elliot Kallen
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Description
This episode was recorded on Tuesday, May 9 and a short highlights reel was made available to premium subscribers that same day. The full podcast episode followed a day later. To become a premium subscriber sign up on Supercast or Substack. Elliot Kallen, founder of Prosperity Financial Group, joins the podcast to discuss his expectations for a coming recession, to start this summer, and why some of the best opportunities may be in technology stocks and corporate bonds. Content Highlights Tech stocks: the pullback is coming (3:31); The market is starting to flatline. Look to midcap value stocks (6:04); The Fed will likely raise rates one more time and then reverse. Time to buy bonds -- corporates (8:47); Consumers have already started to pull back, judging by some primary evidence the guest gathers... (12:02); Why the recession will be mild, despite the red flags (17:38); Background on the guest (24:00); Active management has its place (30:24); Thoughts on the next generation growth industries (36:53). Not investment advice. Do your own research. Make your own decisions. More Information on the Guest Website: ProsperityFinancialGroup.com; Facebook; YouTube.
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