If a Recession Is Coming, This Is the 1 ETF I'd Buy Without a Second Thought
The Vanguard S&P 500 ETF is one of the best ways to ride out economic downturns.
Overview
Most economists aren't predicting that a recession is coming any time soon, and the latest economic data shows that the U.S. has added an average of 80,000 jobs every month this year.
However, that doesn't mean everything is rosy. The Federal Reserve is raising interest rates to fight inflation. Gas prices have surged higher, and a new report from McKinsey estimates 11 million U.S. workers could be forced into new careers by 2035 because of artificial intelligence.
Details
That's not exactly comforting economic news.
Source
Originally published at www.fool.com.
Related Articles
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.