Federated Hermes Goes Defensive, Preps for Negative GDP

The video discusses the uncertainty in the economic landscape, focusing on whether to adopt a recessionary or likeflationary playbook. It highlights the importance of being data-dependent, with a focus on negative GDP prints and the potential for a recession. The discussion shifts to market strategies, emphasizing defensive investments like cash, treasuries, and value stocks to preserve capital amid economic uncertainty.

What is the main theme of the speaker's presentation for clients this year?

• Market Expansion for 2023

• Inflation Control for 2023

• Recession Watch for 2023

• Economic Growth for 2023

What economic indicator is highlighted as a concern for the upcoming quarters?

• Negative GDP prints

• Rising inflation rates

• Positive GDP growth

• Stable unemployment rates

During which months is the economy expected to be at risk of sliding into a recession?

• Autumn months

• Winter months

• Spring months

• Summer months

What type of stocks does the speaker suggest focusing on in a defensive market strategy?

• Cryptocurrency investments

• High-risk tech stocks

• Emerging market stocks

• Large and small cap value stocks

Which financial instruments are recommended for preserving capital in uncertain times?

• Commodities

• Cash and treasuries

• High-yield bonds

• Real estate investments