GDX, XLE, CSCO: Recession Is Delayed, Not Derailed

The U.S. recession is delayed not derailed, notes David Stryzewski. He discusses recession signs to watch. He talks about how the CPI and the PPI are not taking into account the cumulative effect of inflation. He highlights that housing is seeing the lowest sales since the great financial crisis and the deficit is growing at a record rate. He then goes over his ETF picks which include Vaneck Vectors Gold Miners ETF (GDX), Energy Select Sector SPDR ETF (XLE), and his stock pick Costco (CSCO). Tune in to find out more about the stock market today.