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Wall St ends mixed as inflation data comes into focus

Wall Street stocks ended mixed on Tuesday, losing steam late in the session as investors awaited crucial inflation data and the unofficial kick-off of first-quarter reporting season. 

 

U.S. economy to continue to ‘deteriorate’ this year – wealth manager 

WealthWise Financial CEO Loreen Gilbert says she expects the U.S. economy will continue to weaken ove 2023 as corporate earnings fall before profits rebound at the end of the year.

Large pharmaceutical stocks are attractive now – wealth manager 

WealthWise Financial CEO Loreen Gilbert says in a slowing economy like this one she is being defensive when it comes to investing in stocks and likes large pharmaceutical firms.