The S&P 500, Dow Jones, and Nasdaq saw their post-election gains erased thanks to on-again off-again tariffs between the U.S. and its closest friends, Canada and Mexico. Investors enjoying the extended bull run and the AI craze for the past couple of years were grimly reminded that everything can turn at a drop of a dime.
Thankfully, the markets always provide ways to earn money even when the sentiment is bearish. Though not completely immune to uncertainty, certain companies that operate in essential and non-cyclical industries tend to be more resilient than those in other industries. Combine that with the promise of dividends, and you will have the makings of a recession-proof portfolio that can provide income as you weather the storm.
