LEVI, KVUE: The Fed’s Tough Love Could Drive Us Into A Recession

“Higher for longer” is driving painful repricing of the yield curve, notes James Locke. He evaluates current market conditions. He talks about how the GDP will show strength in retail housing but it’s misleading. He suggests that it’s getting to the tipping point where the Fed’s tough love can drive us into a recession. He also goes over how volatility will continue through the remainder of the year. He highlights that investors can take advantage of these higher interest rates by being selective in what you purchase. Finally, he looks at his stocks to watch which include Levi Strauss (LEVI) and Kenvue (KVUE). Tune in to find out more about the stock market today.