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"There have been mixed earnings reports and recession fears in the markets in 2023 so far. There is also supply and demand balancing within housing. Ahead of the next Federal Reserve meeting, the markets are data driven. Borrowing costs need to stay high to have a continued 2% number," says Devon Drew. Then, Drew provides his stock picks: Dollar General (DG) and Coinbase (COIN). For Dollar General, he says that investors will get more defensive with recession fears bubbling, while also getting exposure to healthcare with testing of mobile clinics. For Coinbase, Drew says that the company will benefit from rising bitcoin prices.
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