VIDEO: Cheers to Good Food & Smart Finance in 2022
He’ll share a recipe for his favorite meal with the same enthusiasm as a stock on the rise.
He’s Kenny Polcari, the dynamic host of The Weiss Investor Podcast, a new series available on all the country’s most popular podcast platforms like Apple, Stitcher and Spotify.
Every Friday, Kenny interviews industry experts — including our own team of analysts at Weiss Ratings and Weiss Crypto Ratings — highlighting investment strategies, emerging assets and their own personal journeys in the worlds of currency and financial markets.
The podcast also features financial bloggers, entrepreneurs, bankers, business leaders and broadcast journalists … some of whom Kenny has known for decades through his own career in finance.
A professional trader since in 1981, Kenny worked on the floor of the New York Stock Exchange, ran a division of a major Wall Street bank and built the U.S. equities business at one of the world’s largest broker dealers.
Today, you can catch Kenny’s spirited stock market analysis across social media platforms.
With inflation now at 6.8% — an astounding 39-year high — and so many variables like COVID-19's Omicron affecting the markets, I wanted Kenny’s take on how investors can prepare for the new year.
He predicts turbulent times ahead, as the Federal Reserve moves to taper its asset purchases and raise interest rates. With that in mind, he’s been adjusting his portfolio and says the market has yet to price in hotter inflation:
I’m in the “value camp” for 2022.
I’m building more of a defensive position by putting new money into more defensive names … they’re dividend payers. Utilities have now taken a new role in my portfolio, along with consumer staples, which are things that you need.
They’re boring, but guess what? Boring is good in a turbulent environment!
While he sees “huge opportunities” in the artificial intelligence (AI), cybersecurity and renewable resources sectors … he’s a big fan of tailoring investments to companies you know and genuinely believe in.
In this lively five-minute video segment, Kenny reveals the names he’s sticking with over the long term.
He thinks the history of a stock is a good indicator of where’s it’s headed:
I buy stuff that I like that has a good thesis, a good record, good earnings calls, good outlook and good guidance, and I put them in my portfolio.
So, for instance, I own Apple (Nasdaq: AAPL) and Microsoft (Nasdaq: MSFT).
I don’t care if the market crashes 15% … I’m not selling my Apple and Microsoft shares. I’ll buy more Apple and Microsoft!
Why? Because the overall thesis in Apple and Microsoft won’t change just because the market corrects.
In this insightful video, Kenny discusses:
- When he sees a market correction taking place: “We’ve borrowed on future performance.”
- More than a handful of stocks “that are solid and going to help you sleep at night.”
- An exchange-traded fund (ETF) that “will increase in value, as the market goes down.”
- His near path to “Kenny Polcari, President of the United States!”
- What influenced his life-long passion for cooking.
- And more!
The information in this short segment couldn’t be timelier. I suggest you watch it now.
Happy investing!
Jessica Borg
Financial News Anchor
Weiss Ratings
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