3 Stocks to Buy During a Recession
Despite its positive performance over the past month, the S&P 500 is still down 13% in 2022. After peaking around the start of the year, the broad stock index has trended lower thanks to macroeconomic concerns, mainly around the ongoing soaring inflation. A surge in consumer demand following the depths of the pandemic, coupled with struggling supply chains, has led to rising prices across the economy.
Enter the Federal Reserve, which is now tasked with raising interest rates to curb inflation, but without putting the U.S. economy in a full-on recession. If this challenge can be achieved, a so-called soft landing, then consumers and businesses would certainly be happy. If not, however, then the markets could be in for a far worse situation.
In that case, investors should be prepared. Here are three stocks to buy during a recession.
Source Fool.com