IVT - 8 Stocks I'm Buying As A Resurgent Trade War Looms

2024-06-29 08:15:00 ET

Summary

• Economic data suggests a recession may be looming, with signs of weakening in the labor market and consumer spending.
• Investing based on politics is not recommended, as market reactions to political events can be unpredictable and counterintuitive.
• The resurgent trade war is expected to have negative impacts on the economy, with potential inflation and job losses.
• My top pick in the senior housing REIT space has trounced its peers.

Another packed article this week. All meat, no potatoes. No time for appetizers. Let's dig in to a feast of economic data, then cleanse our palate with some stock picks.

Here's what's on the menu:

• More signs that the economy is bending toward recession
• Why you shouldn't invest based on politics
• Why the likely resurgent trade war is bad news for the economy
• My buy list, with some emphasis on why I like REITs so much right now and why one REIT in particular recently came onto my buy list.

Bon appétit!

More Evidence of Economic Weakening

I've been making the case for a while now that the US is in the late stage of its economic cycle. We have not achieved that fabled "soft landing." Recession hasn't been avoided, just delayed by unusual and unprecedented circumstances.

In 2020-2021, the US experienced the fastest growth in the money supply in its history. It takes a long time for that much new money to work through the system and for the ripple effects to die down....

For further details see: