Ellegard’s ‘Black Swan’ Events & Stock Picks: POD, SJM & More

Tyler Ellegard notes rising delinquencies, but says the market is looking past it because it’s on the “lower consumer end.” He talks about potential “black swan events” and looks at the labor market. He says two things can be true at once: economic conditions can weaken while the stock market can keep gaining. He says this is due to AI companies driving earnings and letting the market grind higher from here. His stock picks include POD, SJM and more.

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