7 Recession-Proof Stocks to Shield Your Portfolio in 2024
U.S. News & World Report recently said the New York Fed’s Recession Probability model hints that within the next 12 months, we stand a 55.8% chance of a recession. One can never be too safe though. So, some proactive investors are currently looking toward recession proof stocks to shield their portfolios in 2024.Investors are worried that the same AI stocks that have driven markets higher in 2024 may be a bubble. Inflation is cooling, standing at 3% as of July 11. The Federal Reserve may be cutting interest ...