There is a day of reckoning coming for the US economy, says Hennion & Walsh’s Kevin Mahn

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Kevin Mahn, Hennion & Walsh Asset Management president and CIO, joins ‘Power Lunch’ to discuss how interest rate hikes are impacting credit lending, the market response to Fitch’s rating adjustment, and more. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi 

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22 COMMENTS

  1. FED – What a bunch of morons! Like driving at 75MPH on the freeway and ONLY looking in the rearview mirror. INSANE. Get Chat GPT or Elon or anybody with COMMON SENSE onto the FED BOARD!

  2. With inflation running at a four-decade high, the Recession is now the ‘most likely outcome for the economy and I cannot imagine being a victim of circumstances. My portfolio suffered a big hit, holding it further won’t be any good. I've heard of people netting hundreds of thousands this red season. How can I ensure this?

  3. The day of reckoning will come one day maybe but since everything is rigged its a completely rigged economy and were going into election year will we have an official recession

  4. Stop with the Cross talk holidays are study crack head profit.4 the quarter holiday sale's first of the year Superbowl but I'm afraid 2024 valentine and st Patrick's day will be nothing spring break study 40% with climate change and travel cost it stall.

  5. Can't we come up with a strategy to address the SUPPLY side of inflation instead of just attempting to crush demand by raising interest rates and trying to lower wages and employment? You know, actually making people's lives easier instead of harder.

  6. The lowest level in more than a year, year over year inflation was 6.5% in December 2022. Even while inflation followed predictions, many analysts now believe that the inflation peak may have already passed. There is roughly $350k in my portfolio that has to be increased. What is the best plan of action for making money during this recession?

  7. It's not a challenge, It's an option just like Euros Dollars. The world have a choice instead of US Dollars. US dollars will still be around unless you don't import from USA or anyone want US Dollars to trade with.

  8. JUST STUPID FEAR SELLING. JUST WIMPY ASS INVESTORS. WHY I WAIT TILL FRIDAY TO BUY. I WONDER WHY YOU EVEN IN THE MARKET. STAY OUT OF THE MARKET AND PLAY YOUR VIDEO GAMES. CAUSE I KNOW YOUR NOT MAKING ANY MONEY. YOU SELL WAY TO FAST. ANY NEWS AND YOU SELL. WHICH IS WHY I BUY.

  9. Watching this is like watching religious people argue about their gods.
    Lot of words, lot of pieces of information, and jibber jabber that at the end…it all comes down to nothing

Comments are closed.