The Recessionary Side of the Equation

The inflation side of the equation might have started to abate, but I still think the recessionary side is starting to creep up. And that's why I think a trade like Walmart might actually still be something that you might want to look into doing. So I'm not necessarily worried about corporate balance sheets as much as maybe we're even more worried about the household balance sheet,. But I worry also about where corporate credit dynamics are also going to play in here.