Inflation Continues: 2 Recession-Resistant Stocks
This week's announced 8.3% increase in the Consumer Price Index for August over the prior year has markets scrambling again. Investors are weighing the impact that further interest rate hikes could have on the economy, and the pressure it could put on the Fed to raise rates at a higher pace. That doesn't bode well for economic growth. What's all this mean for investors? Where can we invest our money in a tougher economic climate?
Within recession-resistant, value-based plays, I love healthcare. It's quite simple. In times of economic uncertainty, what do we all need even if we don't want to pay for it? Medical treatment.
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Source Fool.com
