HomeMarketsU.S. Economy & JobsALGM, SHLS: There Won't Be A Straight-Line Recovery

ALGM, SHLS: There Won't Be A Straight-Line Recovery

We don’t believe we’ll see a straight-line recovery, notes Tom Ognar. He discusses the odds of another Fed rate hike in 2023. He Talks about how the banking sector’s issues are likely to increase recession probability. He mentions that if the Fed can anticipate instead of reacting, a recession can be avoided. He then goes over his stock picks which include Allegro Microsystems (ALGM) and Shoals Technologies (SHLS). Tune in to find out more about the stock market today.

Market On Close

11 Sep 2023

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