Kevin Mahn, president and chief investment officer of Hennion & Walsh Asset Management, notes that the yield curve remains inverted, which has happened prior to every recession in the country dating back to 1955.

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Disclosure: Hennion & Walsh Asset Management currently has allocations within its managed money program, and Hennion & Walsh currently has allocations within certain SmartTrust® Unit Investment Trusts (UITs), consistent with several of the investment areas discussed during this interview.