3 Safe Haven Stocks to Weather Market Volatility

Investors continually ponder whether the future of the U.S. economy faces a notable slowdown or not.Consumer spending, which fueled economic growth in 2023, is expected to diminish slightly in the coming months. However, Wells Fargo’s senior global market strategist, Scott Wren, anticipates a cooling economy as job market conditions ease, leading to a reduction in retail spending. Factors such as increased household debt and a decline in personal savings rates contribute to concerns about consumer-driven ec ...