Consumer staples – what are you currently stocking up?
As the US increasingly faces the prospect of heading into a recession one sector that investors gravitate to is consumer staples. The logic is that consumers still need to buy certain products, but that they will gravitate towards stores targeting the lower budgeted consumer. Companies like Coca-Cola for instance tend to do well because most consumers can still spare some disposable income for a relatively inexpensive purchase like a bottle of coke.
Submitted August 31, 2022 at 11:13AM by Seasonax
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