Fresh off the first federal funds rate cut of the year, investors are keeping a close watch over recession indicators. A struggling housing market, warning signs about the labor market, and other metrics may suggest an impending recession, despite the fact that many stocks continue to soar higher. Cautious investors might consider pivoting toward a more defensive position with their equity investments if they believe there is reason to suspect a recession in the coming quarters.
Fortunately, there are a number of plays to make to help prepare. We'll take a close look at one firm each from the recession-resistant consumer staples and utilities sector, plus a third from the healthcare space that may be primed for stability even if the broader market should falter.
