CMG Capital Management Group CEO Steve Blumenthal was on theStreet to talk about preparing your portfolio for a recession now. Blumenthal was interviewed for the video segment (below); the story was also published on theStreet: Consider These 4 Stocks For Your Recession Shopping List. A recession is nearer than a lot of Wall Street analysts believe, said Blumenthal. Investors should pick up shares of Alibaba (NYSE: BABA), China Mobile (NYSE: CHL), Sherwin Williams (NYSE: SHW) and the iShares MSCI India ETF (INDA) when prices are depressed, said Blumenthal.
13 November, 2016