The escalation of tensions in the Middle East is the latest in a series of global headlines to send investors reeling. With high volatility in oil prices, more troubling news out of China's property sector, and the Federal Reserve standing firm on its “higher for longer” stance, many high-profile market-watchers are now warning that the elements are in place for a potential recession.
So, what can investors do to protect their portfolios in this environment? Typically, “safe havens” during periods of macroeconomic turmoil can be found in sectors that experience steady demand - such as utilities, consumer staples, and healthcare - and offer reliable dividend yields to shareholders.
