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A: I still don’t have a recession (in my estimation). Obviously, the risk of a recession is high – I mean, obviously, when inflation is really high and the Fed is at DEFCON 1 and really focused on lowering inflation by pushing up interest rates, and the sentiment is depressing, isn’t it? I talk to CEOs, CFOs, investors, friends, family – to those people, they think we’re going into a recession. I’ve never seen anything like it. I have seen many business cycles now. And no one predicts a recession. But this one, everyone predicts a recession. So when sentiment is so fragile, it doesn’t take much to push us. I think with a little luck, and some pretty good policymaking by the Fed, we’ll be able to avoid a recession. But I’m not saying that with great confidence. I don’t think we need a recession to bring inflation back. Oil prices will roll over. Natural gas prices will fall. We will see vehicle prices drop as supply chain issues ...

Ask Fund Manager The Motley Fool chats with the best in the industry so you can gain insight into how professionals think. In this issue, Redpoint Australian Equity Income Fund portfolio manager Max Cappetta names three ASX stocks he plans to buy now, all of which pay dividends. Hottest ASX stocks The Miscellaneous Fool: What are the three best stock buys today? Max Cappet: The first is Orora Ltd (ASX:ORA) — a packaging company. They operate in about 70 countries. The main market, obviously Australia, but also North America. Well, for people who may not know the name of the company, it’s possible that you interact with Orora many times every day, as they provide bottles and caps, aluminum beverage cans, soft packaging boxes, and cartons. They are really the dominant players in Australia. They are less dominant in North America. And I think this is an interesting part of their business because being able to grow their market share in North America really gives them an intere...