7 Defensive Stocks to Buy Based on the ‘Pawn Shop Indicator'
Colgate-Palmolive(CL) InvestorPlace·2024-04-02 01:55
It’s usually never a bad idea to consider defensive stocks to buy. They’re not sexy and they probably won’t make you rich. However, not ending up destitute is the name of the game, especially amid some worrying signals.Among the worst – if not the worst – is the so-called pawn shop indicator. While many political leaders have touted the robust headline print of the economy, the boots on the ground tell a different tale. According to one pawn shop operator that USA Today interviewed, it has a glut of invento ...