Bryden Teich, partner and portfolio manager at Avenue Investment Management, joins BNN Bloomberg to talk about market resiliency amid economic slowdown. He currently likes AutoZone and Alimentation Couche-Tard.
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BREAKING: Recession News
LEARN MORE ABOUT: Bank Failures
REVEALED: Best Investment During Inflation
HOW TO INVEST IN GOLD: Gold IRA Investing
We are heading towards a recession sometime later this year or into next year: Portfolio manager
As the global economy continues to grapple with the aftermath of the COVID-19 pandemic, concerns are growing about the possibility of an impending recession. Many economists and financial experts believe that we are heading towards a challenging period, with the potential for a significant economic downturn later this year or into next year. One such expert is the portfolio manager who, based on their analysis, is sounding the alarm bells.
A portfolio manager is responsible for overseeing and managing investment portfolios, making them well-versed in analyzing market trends and economic indicators. With their finger on the pulse of various industries and asset classes, portfolio managers play a crucial role in assessing the overall health of the economy. Their predictions, while not foolproof, are often valued by investors and financial institutions.
According to this particular portfolio manager, several factors indicate an impending recession. Firstly, the pandemic’s long-lasting effects on various sectors have yet to fully manifest. While economic recovery has been witnessed in some countries, many others continue to deal with the brunt of the crisis, particularly in terms of unemployment rates and reduced consumer spending. These factors directly impact businesses’ profitability and ultimately contribute to an economic slowdown.
Furthermore, inflation concerns have been on the rise. Higher inflation rates have the potential to erode purchasing power and put a strain on businesses and consumers alike. This can lead to reduced investment and consumption, two key drivers of economic growth. The portfolio manager believes that ongoing government stimulus and relief measures have only temporarily masked the underlying inflationary pressures. As these measures taper off, inflation could skyrocket, further exacerbating the recessionary risks.
Another aspect that supports the portfolio manager’s forecast is the potential impact of geopolitical tensions. Trade disputes and political uncertainties have become increasingly common in recent years. The manager argues that these conflicts, particularly between major global powers, can disrupt international trade, dampen investor sentiment, and create economic volatility. With tensions between nations growing, the potential for a recession becomes more plausible.
However, it is important to note that economic predictions are never entirely accurate, and there are always opposing viewpoints. Some economists argue that substantial government spending, coupled with pent-up consumer demand and a potential boom in certain sectors, could propel the economy forward. They believe that economies have displayed resilience in the face of adversity in the past and may recover quicker than anticipated.
Ultimately, whether we are heading towards a recession or not, it is wise for individuals and businesses to be prepared for any economic uncertainties. Diversifying investments, reducing debt, and maintaining an emergency fund are some of the steps that can buffer the impact of a potential downturn. Staying informed about economic trends and seeking advice from financial professionals can also help navigate challenging times.
In conclusion, the portfolio manager’s warning about an impending recession provides valuable insight into the potential risks facing the global economy. While their predictions should not be taken as gospel, they serve as a reminder for individuals and businesses to be prepared for economic uncertainties. By taking proactive steps, it is possible to mitigate the impact of a recession and emerge stronger on the other side.
Recessions are part of the economic cycle, all you can do is make sure you're prepared and plan accordingly. I graduated into a recession (2009). My 1st job after college was aerial acrobat on cruise ships. Today I'm a VP at a global company, own 3 rental properties, invest in stocks and biz, built my own business, and have my net worth increase by $500k in the last 4 years.
Instead of trying to predict whether or not we’re going into more recession and keep losing your money, a better strategy is simply having a portfolio that’s well prepared for any eventually, that’s how some folks' been averaging 150K every quarter according to Bloomberg
Now the idea begin.
Dividen based on ratio not by all in capital.
Capital=USD Buy=% Sell=% Gross
1000 100 30 300
2000 80 30 750
3000 60 30 1500
4000 40 30 3000
5000 20 30 7500
6000 10 30 18000(TP)
7000 5 30 42000
8000 4 30 60000
9000 2 30 135000
10000 1 30 300,000
Total Capital=55,000.
Portfolio maybe=8 more or less.
Focus on dividen
Thank you.
To combat the negative effect of inflation, it’s a good idea to diversify your portfolio across different asset classes, such as stocks, bonds, and real estate, since this can help protect your portfolio against inflation. I’ve heard testimonies of people accruing over $550k during recessions
Boc must increase the mortgage rates if they want to have housing affordability in Ontario.
Recission will fix the housing affordability in Ontario.
Hd naman aangat ang treade naya. Kong hd dahil sa ginawa ko sa pag lalaro nayan sira na ng buhay mo nakutya kana nahusgahan kana mawala kana sa sarili mo sirang sira pa buhay ko aa ginawa ninyo
Ganyan naman kayong mayayaman gagamit ng mahinang rao 0ara umanqgt lang kayo aankin ng hd ninyo gawa at aangat para sa pang sarilng pag aagaw ng nalalaman ng ibang tao
Go to bed, have a nice sleep.. good time will be back soon.
Recession fears mount on Wall Street and inflation remains well above the Fed's 2% target, some of the top commentators in markets, business, and economics have been sounding off on just how bad they think the next downturn might be — and how far stocks may have to fall. I need ideas and advice on what investments to make to set myself up for retirement.
Just came into comment section to check how many times random people have commented that how they are making 100thousands bucks using some random platform and all those comments have 20 + replies begging the commenter to help them to make money.
How free ppl are.
I will forever appreciate this channel and Mrs Jennifer Baron, you've helped my family alot, your videos, advice, lessons and funny words are inspirational and helpful to us. My Wife and I have been able to be minimal, conscious in spending, saving and investing wisely, you're such a blessing to this generation. we all love yo
The Market have been suffering over the past month, with all the three indexes recording losses in recent weeks. My $400,000 portfolio is down by approximately 20%, any recommendations to scale up my returns before retirement will be highly appreciated.
Listening to this story for the last 18 months. Everybody is giving historical references. We are living in unprecedented times.
Unemployment is at all time low no recession is happening
So glad we have “experts” who really know what’s going on.
“Sometime”, “maybe”
“Investors aren’t really sure what they want to do…”
You mean, like every day, every year? Keep blathering and getting paid for guessing about what the daily slot machine addicts will do.
Recession fears mount on Wall Street and inflation remains well above the Fed's 2% target, some of the top commentators in markets, business, and economics have been sounding off on just how bad they think the next downturn might be — and how far stocks may have to fall. I need ideas and advice on what investments to make to set myself up for retirement, my goal is to have a portfolio of at least $850k at the age of 60.
Why are these portfolio managers all so dumb?
There's only one asset anyone in the world needs to invest in, Canadian Real Estate !
It only goes up. Just throw 10 Indian immigrants into your basement, mortgage payments solved.
I believe the wisest decision that should be on every individual list is to invest in a different stream of income and don't depend on the government to bring you money. It's always better to work smart and not hard.
Be afraid, be very afraid. It's a comin.
his hairline is having a recession
If your fund manager don't focus on Marco likewise focus on and following the headlines… lol… give your money to gamblers to make money for you… .and saying it's "investment"
We’ve been talking about it for a year, surely everyone has had time reposition so we can press the Recession button?!
As long as Stats Canada and BOC are in charge, there will never be a recession. Even if a major bank fails, Stats Canada will count the taking over as GDP growth and post another record breaking number to balance the fear out.
Or next decade, or next century…great prediction guys!
Forget the coming recession…. watch commercial real estate reit's/etf's/pension plan redemptions beginning Q4/23 as the full effect of vacancies and asset portfolio valuations begin stranding capital with spillover effects to Canada's Big Banks…. PERFECT STORM coming !