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The Contrarian Investor Podcast

May 11, 2023

This episode was recorded on Tuesday, May 9 and a short highlights reel was made available to premium subscribers that same day. The full podcast episode followed a day later. To become a premium subscriber sign up on Supercast or Substack.

Elliot Kallen, founder of Prosperity Financial Group, joins the podcast to discuss his expectations for a coming recession, to start this summer, and why some of the best opportunities may be in technology stocks and corporate bonds.

Content Highlights
  • Tech stocks: the pullback is coming (3:31);
  • The market is starting to flatline. Look to midcap value stocks (6:04);
  • The Fed will likely raise rates one more time and then reverse. Time to buy bonds -- corporates (8:47);
  • Consumers have already started to pull back, judging by some primary evidence the guest gathers... (12:02);
  • Why the recession will be mild, despite the red flags (17:38);
  • Background on the guest (24:00);
  • Active management has its place (30:24);
  • Thoughts on the next generation growth industries (36:53).
Not investment advice. Do your own research. Make your own decisions.

More Information on the Guest