4 Highly Recession-Resistant Stocks to Buy Now

Sean Williams, The Motley Fool

13 August 2020 at 6:06 am·6-min read

4 Highly Recession-Resistant Stocks to Buy Now

In case you missed the memo, the U.S. economy is in a recession -- its first in 11 years. The coronavirus disease 2019 (COVID-19) pandemic completely turned the business world on its head, and has sent the U.S. unemployment rate to levels not consistently seen in more than eight decades. According to initial data from the U.S. Bureau of Economic Analysis, second-quarter gross domestic product declined by an ugly 9.5% on a quarter over quarter basis.

Bristol Live
Harry and Meghan to arrive in Nigeria after Duke 'left in tears' by new snub
Duke has been stripped of a key role by King Charles ahead of major visit to African country
OK! Magazine
Baby Reindeer fans heartbroken over sudden death of show star as he leaves 'partner and young kids'
Baby Reindeer has taken the world by storm since its release – but fans have been devastated by the sudden and unexpected death of one of the show's key players
Storyful
Passenger Bus Crashes Into Saint Petersburg River
A bus crashed off a bridge and into the Moyka River in Saint Petersburg, Russia, on Friday, May 10, with local police saying around 20 people were on board.Local media reported that at least five people died, with four “seriously injured”. These figures had not been officially confirmed.The city’s governor, Alexander Beglov, said emergency services from various departments were on the scene.Local police said the circumstances that led to the bus being driven into the river were still being determined.This security footage shows the bus driving along the side of a building, swerving to hit a car, and then crashing into the river. Credit: Russian Ministry of Internal Affairs via Storyful
Hello!
Meghan Markle gives incredible new update on Prince Archie and Princess Lilibet during day one of Nigeria trip - live updates
Meghan Markle and Prince Harry arrived in Nigeria on Friday morning following their secret reunion in London the day before. Get the details here…
OK! Magazine
Sobbing Gemma Collins 'told to terminate intersex pregnancy' by doctors
Gemma Collins has revealed she was advised by doctors to terminate her pregnancy after they found out the baby was intersex, leaving her devastated and 'in shock'
OK! Magazine
Katie Price slapped with eviction notice and must be out of Mucky Mansion in days
Katie Price has been served an eviction notice at her famous 'Mucky Mansion' home and must leave the property within days. It comes after it she was declared bankrupt for a second time
Cosmopolitan
The Actual Reason King Charles Won't See Prince Harry Has Everything to Do With Queen Camilla, Per Sources
The real reason King Charles won't see Prince Harry during his trip to England has been revealed by sources.
Hello!
Why Zara Tindall and other royals didn't attend Prince Harry's Invictus service
The Duke of Sussex was in London for the 10th anniversary of the Invictus Games at St Paul's Cathedral in London
HuffPost
Trump Attorney Tries Slut-Shaming Stormy Daniels, Gets Zingers In Return
Daniels met the onslaught with polite and unyielding confidence.
OK! Magazine
Coronation Street legend quits the soap - with viewers caught off guard by abrupt exit
Coronation Street viewers were caught off-guard as one fan favourite made a surprise exit from the ITV soap, despite having recently struck up a new romance
Edinburgh Live
Prince Harry's eight-word response to fans as he walks away from cheering crowds
Prince Harry was in London to attend a service of thanksgiving at St Paul's Cathedral to mark the 10th anniversary of the Invictus Games and was greeted by hundreds of fans
Cosmopolitan
King Charles Snubbed Prince Harry Because He Couldn't Endorse a "Hostile, Rival Royal Operation"
King Charles reportedly snubbed Prince Harry in London because he couldn't endorse a "hostile, rival royal operation."
Bradford Telegraph and Argus
Can my neighbour legally use my WiFi without permission in the UK?
Can my neighbour legally access my internet without permission in the UK?
Evening Standard
David Moyes lands first new role following confirmation of West Ham departure
Julen Lopetegui expected to be appointed as successor in east London
OK! Magazine
Olly Alexander slapped down by Eurovision icon with 4-word statement as she reveals why UK won't win
Cheryl Baker, who won Eurovision in 1981 as part of Bucks Fizz, has given her verdict on the UK's act ahead of this weekend's grand final and says she hopes she's wrong
Manchester Evening News
Violent brawl erupts outside Manchester Crown Court as police swarm area
A group of 'around 20' men and women were seen scrapping and throwing punches
HuffPost
Stormy Daniels Taunts Trump On Social Media After Second Day Of Fiery Testimony
The former president’s attorneys attempted to shame her on the stand during their cross-examination.
South Wales Argus
Drivers face £2,500 fines for wearing sunglasses as 25C weather forecast
UK drivers could be breaking the Highway Code by driving while wearing sunglasses this summer
The Independent
The Repair Shop to ‘carry on without’ Jay Blades
News comes after a series of personal setbacks in presenter’s life
Evening Standard
Sadiq Khan responds to reports of his recent salary rise
Sadiq Khan and his top aides have received a pay rise, with the Mayor and at least 13 of his City Hall staff earning more than the Prime Minister, it can be revealed.Mr Khan’s salary has increased by just over £6,000 to £160,976 while at least eight of his nine deputy mayors, his chief of staff, deputy chief of staff, and three mayoral directors also received large pay hikes.Rishi Sunak earned £139,477 in 2022-23, though he does not claim the full ministerial salary. The average London salary is £44,370.

Latest stories