My one-hundred-and-fifty-first YouTube video “Position Your Portfolio for the Recessioin–But What Kind of Recession”” went up today.
I see it like this: How you should position your portfolio for the coming recession depends largely on how bad you think it will be. Already, we can see that different sectors of the economy will do better than others. For example, consumer staples seem like a good bet if we think the recession will be relatively mild, but if the recession gets worse, they won’t be immune either. Take a look and tell me what you think.
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Here’s the link:
And you didn’t even mention all the inflation created by climate change and the destruction of food production and infrastructure.
Personal opinion -this will be very a severe recession/ depression. So much spending-loose credit for so long . Tremendous public debt and personal debt- spending to dive -credit cards maxed out. Food , fuel, utilities skyrocketing . No more air backed stimulus from US Govt. Hope to be wrong .