Markets were volatile again last week, rocked by the Fed’s latest rate hike and the intention to keep rates high as it battles to curb inflation. For investors, the immediate result means trying to cope with an uncertain economic climate and an unpredictable market. Anthony Saglimbene, chief market strategist of the trillion-dollar asset manager Ameriprise, has cast his eye on the situation, and is ready with advice on how investors can succeed. First, Saglimbene believes that stocks have already priced in the strong chance of a recession next year, noting that the market is normally a leading indicator, by about five months.
https://www.tipranks.com/news/article/investment-expert-anthony-saglimbene-says-value-stocks-in-these-shockproof-sectors-could-help-protect-your-portfolio?utm_source=advfn.com&utm_medium=referral
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