Hennion & Walsh Chief Investment Officer Kevin Mahn joins the TD Ameritrade Network. Kevin notes the U.S. economy is slowing and could meet the technical definition of a recession after the second quarter. One outlier from traditional recessionary environments is a relatively strong labor market and a confident, spending consumer (for now). He breaks down the outlook for industrial stocks, and then Tom White looks at an example put vertical in Deere & Co. and a put calendar in Caterpillar.
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Disclosure: Hennion & Walsh Asset Management currently has allocations within its managed money program, and Hennion & Walsh currently has allocations within certain SmartTrust® Unit Investment Trusts (UITs), consistent with several of the investment areas discussed during this interview.