1 Stock the Smartest Investors Should Buy and Hold Through a Recession
As of this writing, the Treasury yield curve is inverted, meaning that two-year bonds offer a higher return than 10-year bonds. This usually indicates that a recession is in the not-too-distant future. But based on two consecutive quarters of declining gross domestic product, we could already be in one.
The Federal Reserve's ongoing moves to hike interest rates in order to curb soaring inflation has the potential to seriously slow down the economy. And in this situation, investors need to find ways to position their portfolios for a sustained negative macroeconomic environment.
Here's a top retail stock that the smartest investors are going to buy and hold should a full-on recession come along.
Source Fool.com
