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Stock Market Playing Kick the Can with Liz Young, Jim Chanos and Danny Moses

RiskReversal Pod

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Is the Market Going to Be a Recession Rich Session?

Danny Cevallos: Many stocks don't make any sense at these valuations especially if we're going to have inflation stick around and be peck the pesky and persistent as Guy calls it. There's plenty of sectors potentially within the industrials let's say of and small and mid-cap companies that can pass on some of these increased costs of wages and so forth. He says consumer discretionary which drives our entire economy is a huge positive for people who are making more money but there will be great opportunities potentially in this market when it does.

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