CREDIT: PHOTO BY JOSHUA MAYO ON UNSPLASH
One of the holdover themes from 2022 that’s appeared with frequency through the first two months of this year is persistent recession forecasting.
Over course, a case can be made that a recession, albeit mild, already occurred because the U.S. economy experienced two consecutive quarters of GDP contraction last year. That’s the standard definition. Unfortunately, politics now affects the endeavor of defining even the most basic of terms. As such, there’s debate regarding what exactly defines recession.
The result of that debate is confusion among ordinary investors and a luxury afforded to economists, who have dubious records of accuracy when it comes to forecasting economic contractions and rebounds. Focusing on retail investors, while fluidity in defining a recession isn’t helpful to these investors, they have options when it comes to recession protection.
Some of those options are, arguably, surprising. Take the case of mid-cap stocks and exchange traded funds – asset classes with surprising amounts of recession buffering. Here are a few mid-cap ETFs to consider and ones that could be sturdy regardless of whether or not an earnest economic contraction materializes.
Read more here: https://www.nasdaq.com/articles/surprise-etfs-offering-recession-preparation
