What are the best recession proof products & which sector produce these products?
Best Answer
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.
Answers
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

