With Recession Fears Looming, History Says You Should Be Buying This ETF
After 2022 saw many major U.S. stock market indexes decline significantly, the past year-and-a-half has seen a much-needed bounceback. Unfortunately, the sentiment around the U.S. stock market and economy has changed over the past month or so, with recession fear talk seemingly popping up with each passing day.
Whether these recession fears are warranted remains to be seen, but the best thing you can do as an investor is to be as prepared as possible for what may come. Exchange-traded funds (ETFs) are good investment options at any time, but they can be especially useful during times of uncertainty because they reduce risks.
An S&P 500 ETF could be a staple in almost anybody's portfolio, but people wanting to hedge a little against possible future events should consider the Invesco S 500 Equal Weight ETF (NYSEMKT: RSP).
Source Fool.com
Invesco Ltd. Stock
Our community is currently high on Invesco Ltd. with 5 Buy predictions and 2 Sell predictions.
With a target price of 18 € there is a slightly positive potential of 17.85% for Invesco Ltd. compared to the current price of 15.27 €.
