3 Recession-Resilient Stocks to Consider, According to Wells Fargo
16 Juni 2022 - 05:11AM
TipRanks
The signs that we're heading into a recession are mounting. For
instance, the yield curve has inverted, suggesting investors
believe that the U.S. Federal Reserve will need to drop rates
sharply in the medium term to sustain long-term economic growth.
Additionally, the S&P 500 (SPX) has drawn down by more than
20%, officially declaring a bear market. Nevertheless, there are
still ways to run a profitable investment portfolio during a market
downturn. Wells Fargo (WFC) released a portfolio of stocks that
could survive a recession. The bank's investment thesis is centered
around a risk-off sentiment.
https://www.tipranks.com/news/article/3-recession-resilient-stocks-to-consider-according-to-wells-fargo?utm_source=advfn.com&utm_medium=referral
Wells Fargo (NYSE:WFC)
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