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 significance of the term 'Recession Watch' as used in the presentation?

How does the speaker differentiate between the market and the economy?