5 Defensive Stocks to Guard Against Economic Slow Down
The final estimate for second-quarter GDP has slowed down to 2%. The economy is being restricted from expanding by the prevailing trade war between the United States and China. Given this economic slowdown, investors should look for safer investments like defensive stocks. Behind the Downward Revision in U.S. GDP As per the Bureau of Economic Analysis, U.S. GDP growth estimate for the second quarter is finally 2%. The report highlights downward revision of personal consumption expenditures and non-residential fixed investments. On the other hand, the report stated that there has been a rise in government spending and exports. Consumer outlays[…]
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