Research Affiliates' Nguyen: Recession looms but investors have less to fear

<p><a name="m_-4454182538749189890__Hlk130260650" id= "m_-4454182538749189890__Hlk130260650"></a>Que Nguyen, chief investment officer of equity strategies at <a name= "m_-4454182538749189890__Hlk130260650" id= "m_-4454182538749189890__Hlk130260650"></a><a href= "https://www.researchaffiliates.com">Research Affiliates</a>, says that the high probability of an upcoming recession is being priced into the market, and the more a downturn gets priced into stocks, the less investors have to fear because the damage is being done in advance. As a result, she says investors need to be looking for the inflection point where they want to buy in to get ahead of a recovery, even if that means digging in and holding for as much as three years to see the rebound play out. Also on the show, Roxanna Islam of <a href= "https://www.vettafi.com">VettaFi</a> discusses how exchange-traded funds that invest in closed-end funds give investors diversified portfolios -- and all the benefits of investing deeply in the closed-end space -- in a one-stop shopping wrapper. In the Market Call, Jeff Muhlenkamp of the <a href= "https://www.muhlenkamp.com">Muhlenkamp Fund</a> talks about how the fund is dealing with high inflation -- since inflation is a component of its stock-picking methodology -- holding more cash and waiting for the right opportunity to put more cash to work.</p>