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Probability of recession up to 44%: avoidable or destiny?
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Recession Is Inevitable

Recession is inevitable with the current headwinds of high inflation, slowing economic growth, the ongoing war in Ukraine and rising interest rates.
Jamie Dimon of Morgan Stanley spoke of "economic hurricane" while Elon Musk says he has a bad feeling.
With the current rotation from Growth stocks to Value stocks, I would invest in defensive, non cyclical, dividend paying stocks that will do well irregardless of economic cycles. These would be in the Consumer Staples and Health Sectors. My favourites are Procter & Gamble, Walmart, United Health and Coca Cola.
Recession may just be the reset button required to bring down high inflation so that the economy start afresh. It also presents a golden opportunity to buy quality companies at a substantial discount to their intrinsic value. These would be Microsoft, Alphabet and Apple which are profitable, have a healthy balance sheet and a wide moat.
As Warren Buffett likes to say "When there is Fear in the market, it is time to be Greedy."
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