George Schultze: Keep ‘Dry Powder’ and a More Cautious Outlook
Description
George Schultze looks at inflation risks and the unemployment rate as the Fed signals it will keep rates higher for longer. He points out political volatility roiling the markets, especially around government funding. He recommends a more cautious approach, keeping cash as “dry powder” and focusing on short selling opportunities. His stock picks include Vistra Energy (VST).
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