Talk Of A "Mild Recession" Is Very Optimistic

Fed economists are predicting a "mild" recession, notes Que Nguyen. She discusses what investors need to know after bank earnings today. She mentions that we are slowing down on both the fiscal and monetary sides. She states that it's likely equities have priced in a recession and downside is not terrible. She then goes over the outlook for equities as recession fears loom. She also says that small cap and value remain cheap places to ride things out, whereas investors should avoid commercial real estate and banks. Tune in to find out more about the stock market today.