Financial Post
December 29, 2023.
As the global economy continues to lose momentum and the risk of a recession has increased, Andrew Feindel, Portfolio Manager, Investment Advisor at Richardson Wealth, shares with the Financial Post that he prefers a defensive approach.
“We prefer sectors that are less sensitive to economic conditions. All have already partially benefited from yields coming back down, but a recession could weigh more heavily on banks and real estate [for example].”