Expect the U.S. economy to continue wading into the swamp as we close out 2023, notes Timothy Chubb. He discusses the market and economic outlook for the rest of 2023. He talks about how there is uncertainty around tighter credit conditions which increases the risk to the downside. He goes over how there is a weaker consumer and recession fears are alive. Chubb currently favors taking on more duration risk though secular growers with longer and more predictable growth. He then goes over what to look for in healthcare and pharma companies highlighting stocks TMO, CRL, and A. Tune in to find out more about the stock market today.
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