Recession proof investments - Buy or Sell ?
@JC888:
Food for thoughts. Are you concerned that US economy might turn recessionary ? It was “sort of” a wake up call last, last week when the US non-farm payroll report for July 2024 was released. In just one day, all the weeks of positive gains, evaporated into thin air. Since then, it has been “bugging” me at the back of my mind. To get a “better” perspective of things, I have been reading. Below is a post that I feel is balanced and would like to share it here. Enjoy ! Last last week’s July jobs report led some economists and investors to worry that recession is on its way. The numbers included an increase of 114,000 in non-farm payrolls during July, down from 179,000 in June and far below analysts’ forecast of a 175,000 gain. And the unemployment rate rose to 4.3%, the highest level since Oc