MacroTides' Welsh: 'We're on the cusp of a meaningful slowdown'

<p>Jim Welsh, author of the <a href= "https://www.macrotides.com">'Macro Tides'</a> and 'Weekly Technical Review' newsletters, says that the leading economic indicators that had everyone expecting a recession a year ago have fooled investors by softening recently. While many experts now are predicting a soft landing and the potential for no recession, Welsh says key indicators -- like the inverted yield curve -- often take a year or more to pan out and they will come to roost in the next three to six months, reinforcing the possibility of a 5 to 7 percent market pullback before the year ends. Also on the show, Jon Baranko, chief investment officer for fundamental investments at <a href="https://www.allspringglobal.com">Allspring Global Investments</a>, discusses how the strong start to 2023 impacted the firm's mid-year outlook, which is looking ahead and seeing broader participation and strong times for small-cap stocks ahead. In The NAVigator, it's Josh Duitz of the <a href= "https://www.abrdnasgi.com">Aberdeen Global Infrastructure Income Fund,</a> explains why the timing is good for infrastructure investing but notes that the public companies in the sector are a particularly good value right now. In the Market Call, Bernie Horn of the <a href="https://www.polarisfunds.com">Polaris Global Value</a> fund talks stocks.</p>