Buy these 7 value stocks to help your portfolio thrive during 'economic purgatory,' according to the manager of a $17 billion fund
, Linehan said he sees the economy ending up in what he calls a"messy middle."
"No landing, to me, is economic purgatory," Linehan told Insider."And my sense is that's kind of where we are right now and — absent a change in policy — probably where we're going to stay for some period of time."Linehan, who is the portfolio manager for the $17.5 billion T. Rowe Price Equity Income Fund , believes the best way to prepare for this uncertain economic climate is to split the difference between the two scenarios.
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