CalSTRS CIO: US in Recession, Stocks to Test June Lows

The video discusses current energy concerns in California and their impact on trade. It highlights the Federal Reserve's stance on market risks, emphasizing a 'risk off' approach. The discussion also covers recession fears, suggesting a defensive market strategy and portfolio diversification. The potential for testing June market lows is mentioned, with a focus on managing risk assets during tough economic times.

What are the implications of the jobs report mentioned in the discussion?

What strategies does the speaker recommend for managing a portfolio in the current market?