Ex-Bridgewater Strategist Rebecca Patterson Unveils Three Stock Sector Picks Amid a ‘Stalling’ US Economy
Rebecca Patterson, former chief investment strategist at Bridgewater Associates, identifies three stock sectors poised to outperform in a slowing US economy. In a CNBC interview, she highlights concerns over a weakening labor market, which poses risks as consumer spending constitutes two-thirds of GDP. Patterson emphasizes the importance of structural support in these sectors, which can sustain long-term demand despite short-term market fluctuations.
A former chief investment strategist at Bridgewater Associates names three stock sectors that will likely outperform in an uncertain economic environment.
In a new CNBC Television interview, Rebecca Patterson says the US economy is grinding to a halt amid a softening labor market.
Patterson warns that weakness in the US workforce is troubling, given that consumer spending drives two-thirds of GDP.
From an investment standpoint, Patterson says she’s keeping an eye on three sectors that have structural support, or underlying forces that drive long-term demand amid short-term market swings.
