How to Prepare for Q4 on the Stock Market

September is at our doors, kids are returning to school, and we will soon enter the last quarter of 2023… which promises to be a rollercoaster! Central banks are expected to raise interest rates again. Will this bring us into recession? Let’s review the market together and, most importantly, share how to prepare for what’s coming.

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You’ll Learn

High inflation and rising interest rates have been central to most discussions. Mike explains the other things that have impacted the market this year.
Higher interest rates seem to be there to stay. But what does it mean for Q4 and beyond?
Mike mentioned many times that he thinks a recession is coming. Could it happen as fast as the next few months?
Other things that could tint the market include nasty surprises and the heavyweight the tech sector carries to deliver.
Some sectors or industries may be affected more by the economic environment. Mike discusses why consumer discretionary, finance, and energy are more exposed.
Vero is adding a note of businesses with high debt levels facing challenges. You can see Mike’s analysis of such a situation by d ownloading the ENB and TC Energy Report.
Like in every bad situation, there are also places to hide. This time, you could find shelter in safe and boring companies in consumer staples.
Should you have money to invest, there seem to be opportunities in Brookfield Corporation (BN), Telus (T.TO / TU), Johnson & Johnson (JNJ), and Home Depot (HD).
Mike shares a few key points on how to prepare for Q4.
We end the episode with the advantages of having a stock checklist in difficult times.