3 Resilient Stocks to Help Solidify Your Portfolio
Inflation has come down in the U.S. in recent months, but it remains at its highest level in decades. While investors are optimistic about a continuing downtrend of inflation, a potential recession and interest rates that stay higher for longer could load down the economy and stocks.
According to Howard Marks, co-founder and co-chairman of Oaktree Capital Management, the investment environment has undergone a "sea change" in recent years. Marks says several factors, including a reversing of globalization, tight labor markets, rising wages, and a growing economy, could keep inflation higher than what investors have grown accustomed to in the last few decades. If this is the case, the era of ultra-low interest rates and stimulative policies could be over.
While no one can predict what will happen next, now is as good a time as ever to ensure you own some resilient companies in your portfolio that can withstand potential economic turbulence.
Source Fool.com
