No matter if we get a recession or not, we do think that the forward return in the SP 500 is poor, notes Brad Lamensdorf. He discusses the forecast for S&P 500 heading in to 2024. He talks about reasons to be bearish heading into 2024. He highlights the Ranger Equity Bear ETF (HDGE). He looks at hedging against market volatility with HDGE and shorting consumer finance, banks, and REITs. He then goes over his notable hedge ETF short position, Enphase Energy (ENPH). Tune in to find out more about the stock market today.
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