Dan does not expect Q3 to be that much better than what we have already seen in 2022 and says investors should start to think about 2023 and beyond. "Investors have to start to think past 2023, when it's a more constructive environment once rates have normalized. You have to start dollar-cost averaging in stories thinking about 2023 and beyond."
#stocks #stockmarket #investing #inflation #recession
#stocks #stockmarket #investing #inflation #recession
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00:00 Okay, Nathan tomorrow's the last day of the quarter of the first half and we're getting PCE and initial claims
00:06 How are you gonna position heading into all that?
00:09 Yeah, I listen I think that you know, we kind of hit on this before we're kind of petering into quarter end
00:14 We're gonna have two consecutive negative quarters in the stock market. We have not had in a very long time
00:20 I think that discussion about some of these prints are really interesting to me
00:23 It's going to be this push and pull between these hot CPI or these hot PC so hot inflationary pressures
00:29 versus stuff that are telling us that the economy is weakening and not weakening and I think you are a
00:34 100% correct to keep an eye on those employment data because if it starts ticking up and we start seeing a
00:40 Weakening consumer like we've seen this week in that consumer data that was consumer confidence. It was at 16 month lows
00:46 I think that push and pull is gonna be the thing that obviously causes the Fed to stop
00:51 Raising at the pace in which they have but it won't be good because the economy will have slowed
00:56 It's gonna likely put us into a recession and that stagflation area environment is not going to be great for stock
01:01 So I'm not expecting a q3 that's gonna be that much better than what we've seen so far in 2022
01:07 But I do think that investors start to have to think past 2023. What's a more constructive environment?
01:13 What's rates of normalized?
01:15 So to me, I think you want to start dollar cost averaging in stories that thinking about 2023 and beyond. Oh
01:20 All right
01:22 averaging in, dipping your toe in the water,