“And with the economy weakening, it could be a good time to stay away from retail and leisure companies, which are sensitive to economic cycles, says Mina Tadrus, CEO of Tadrus Capital, a high-frequency-trading hedge fund. “The pandemic has already had a significant impact on these sectors, and a potential recession could further hurt their performance,” he says.”
“It’s difficult to provide a specific dollar amount for when a retiree’s portfolio should move from investment products to individual securities, as this will depend
Stock market outlook for 2023: Here’s what experts predict amid recession fears
“And with the economy weakening, it could be a good time to stay away from retail and leisure companies, which are sensitive to economic cycles, says Mina Tadrus, CEO of Tadrus Capital, a high-frequency-trading hedge fund. “The pandemic has already had a significant impact on these sectors, and a potential recession could further hurt their performance,” he says.”
Source: Bankrate
Author: James Royal
Continue reading here: https://www.bankrate.com/investing/stock-market-outlook-2023/
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