Why Investors Shouldn't Be Worried About a Recession on the Horizon
Should investors be worried about a recession on the horizon?
Ryan Detrick, senior market strategist at LPL Financial, says that he doesn't believe that investors should expect a recession in 2019 or even 2020.
Who Cares That the Indices Are Flat, the Stock-Picking Is Good On Wednesday, economists at S&P Global raised the probability of a U.S. recession to 20-25%, thanks in part to the flattening yield curve.
S&P Global's previous probability was 15-20% three months ago.
Stock Trades Are Not Always Either Bullish or Bearish Detrick tackled the question about the longevity of this market rally and the sectors that LPL is feeling cautious about, as well as the sectors that it currently likes.
Watch the full video to see what Detrick has to say.