Another Rate Hike Could Trigger Recession
Kevin Mahn, President and Chief Investment Officer at Hennion & Walsh Asset Management, says that just one more rate hike from the Federal Reserve going into 2024 could put pressure on the U.S consumer and “push the economy into a recessionary period.”
Click here to watch the complete discussion on Reuters.
Hennion & Walsh Asset Management currently has allocations within its managed money program and Hennion & Walsh currently has allocations within certain SmartTrust® Unit Investment Trusts (UITs) consistent with the several of the portfolio management ideas and/or companies discussed.
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2016 , Bill Walsh , Bonds , ESG , Fed Rate Hike , Fixed Income , Hennion & Walsh , Kevin Mahn , M&A , Retail Sales , reuters , Rich Hennion , S&P 500 , Smarttrust , stocks
