A Recession Is Coming: These 3 Companies Can Weather an Economic Slowdown
It's been a tough year in the stock market. High inflation has the Federal Reserve raising interest rates at its fastest pace in decades -- affecting every corner of the market.
The Federal Reserve is working to cool down consumer demand in an effort to slow inflation, and that has some CEOs nervous it could trigger a recession. JPMorgan Chase CEO Jamie Dimon warned that the U.S. will fall into recession within six to nine months. In an interview with CNBC, Goldman Sachs CEO David Solomon said, "There's a good chance that we have a recession in the United States."
If a recession is coming, as investors, it would be prudent to have stocks in your portfolio that can weather an economic slowdown.
Source Fool.com
