
Amid the increasing concerns about a recession this year and a sluggish economy, I think it is best to steer clear of fundamentally weak stocks Desktop Metal, Inc. (DM), Customers Bancorp, Inc. (CUBI), and Conn’s, Inc. (CONN) with bearish analysts sentiment.
Atlanta Federal Reserve President Raphael Bostic stated on Tuesday that the central bank would approve one more interest rate rise before pausing to assess the impact of policy tightening on the economy.