Over the past few weeks, the stock market has suffered significantly from the multi-decade high inflation and the Fed’s efforts to tame it by tightening its monetary policy. The Ukraine-Russia war, rising energy prices, and a decline in real GDP in the first quarter of 2022 have also been causes of concern for investors. Although the markets ended in the green yesterday, the major indices have declined more than 10% year-to-date.
Economies go through periods of prosperity and uncertainty, and these economic cycles are reflected in the stock market. So, considering the current uncertainties surrounding the economy and the stock market, investing in stocks capable of withstanding any economic or market condition could be a great strategy.
