Rising inflation coupled with the aggressive rate hikes by the Federal Reserve has led to real concerns about a recession. Recessions, of course, impact countless areas of our lives, including stock investments.
Utility CompaniesEven in the direst of economic times, consumers tend to consume relatively similar energy levels. It means that the companies that provide energy – known as utility companies – will still perform well during a recession.
Consumer StaplesNo matter how bad a recession is, people will need certain things: Food, clothing (even if it is less expensive or lower quality), supplies for school, and more.