What are the best recession proof products & which sector produce these products?

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Informer answered a question in General Market.
195 points

Informer answered 7 months ago …

In reference to your previous question, I don't think there are "depression proof" products. If there were going to be a depression then every industry would take a hit. However, there are certain products that hold up better than most even while the economy is in a downturn.

Consumer staples - food, cigs, etc. - tend to still sell even in a rocky economy. THink about it, people still need to eat. Certain drug companies will hold up as well. But other than that there aren't many "sure things" in a bad economy.

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ChaosNantuko answered a question in General Market.
2183 points

ChaosNantuko answered 7 months ago …

Consumer Staples and Utilities are generally the most repression-proof sectors, although everyone takes an earnings hit in a recession.
Consumer Staples has an etf, XLP
Utililties has an etf, XLU

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