The current market climate, with the S 500 down 11.9% since the start of 2022, will test investors' patience. And you may feel additional pain as many economists think the economy will slip into a recession sometime this year due to the Federal Reserve raising interest rates and banks possibly tightening lending standards.

This may seem like an inauspicious time to invest in consumer discretionary companies. But for long-term investors, this could turn into the ideal time since you may find bargains. Wayfair (NYSE: W) and Peloton Interactive (NASDAQ: PTON) have both had success over the years. The question becomes, which consumer company offers better prospects?

Let's dig deeper to find out.

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Source Fool.com