3 Safe Harbor Stocks to Buy Amid the August Volatility
COSTCostco(COST) Investor Place·2024-08-13 18:15

Are we headed for an economic recession? JPMorgan Chase (NYSE:JPM) puts the odds at 35%, up from 25% earlier this year. Many economists are sounding the alarm, pointing to a slowing labor market and pullback in consumer spending. Notable investors such as Warren Buffett are battening down the hatches, selling stocks and raising cash.While there continues to be some debate about if, when, and how severe a recession in the U.S. would be, nearly everyone is in agreement that an economic downturn will lead to c ...