Kevin Mahn, chief investment officer at Hennion & Walsh Asset Management, said the Federal Reserve may need to “step in and cut interest rates perhaps sooner or in larger increments than they’re currently forecasting” as cracks in consumer spending arise. Kevin also takes a look at Walmart and international stocks.
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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 the several of the portfolio management ideas and/or companies discussed.