One of the main themes of 2023 may be relief – that is, relief that we avoided a downcycle – and so it begs the question: why talk about 2024 recession worries? More to the point, why deal with recession stocks? If everything appears to be moving according to plan, targeting investments that may best weather an economic storm could incur an opportunity cost. Specifically, by being too conservative, you can end up losing the game. Think about a football game where the team holding onto a slim lead goes into a prevent defense, only to see the opposing side carve up yards and rack up field goals. Still, there is a case to be made…
