I think Unilever shares belong in a recession-proof portfolio
I think Unilever shares belong in a recession-proof portfolio. We are almost at the tail end of nearly a decade of economic growth and although there have been a few short-lived downturns over the past 10 years, most economies have enjoyed stable growth since the crisis of 2008/09. Earlier in the month, UK and global equity markets went into a tailspin when the US Treasury yield curve briefly inverted as short-term yields traded above those of the long-term variety, something that is seen to signal an approaching recession. Now in August, experts are again sounding the warning for a potential recession. If you think an economic slump may be almost upon us, you may want to reconsider your portfolio diversification strategy as certain industries and stocks tend to do better in times of slower economic growth.