Trader Talk – My Yahoo Finance Podcast – Why this strategist raised their recession odds
Wall Street vet Kenny Polcari, Chief Market Strategist for SlateStone Wealth, brings you expert advice and key market insights from the New York Stock Exchange.
On this week’s Trader Talk, host Kenny Polcari stresses that emotional trading—chasing hot stocks or panic-selling at minor dips—is a surefire way to lose. Instead, decisions should hinge on strategy and data. Guest Kristina Hooper, Chief Global Market Strategist at Invesco, raised her US recession odds to 30–35%, citing four simultaneous “swing factors”: tariffs, China’s stimulus uncertainty, renewed inflation pressures, and looming spending cuts. This combination has rattled corporate plans and heightened market volatility. The bottom line? Markets hate guesswork and emotional overreactions. Polcari and Hooper agree that level-headed, well-researched approaches outperform impulsive trades every time.
This podcast is for informational and educational purposes only. The information presented should not be construed as investment advice. The opinions shared are solely those of the host, Kenny Polcari, Chief Market Strategist for SlateStone Wealth, and the guests on the Podcast and do not reflect the investment advice or views of SlateStone Wealth.
All information provided is subject to change without notice, and while we use what we believe to be reliable sources, even the best can miss a play, just like your favorite sports analyst. Kenny Polcari or SlateStone Wealth may own some of the securities discussed on this program. These discussions, including those involving guest speakers, are for informational purposes only and should not be considered recommendations. Listeners should consult their own financial, legal, or tax advisers to determine whether any strategies or investments discussed are suitable for their specific situation.
We hope you enjoy the content as much as you enjoy the recipe.
For more information on SlateStone Wealth’s wealth management and investment services, please visit https://slatestone.com.
