3 Stocks to Buy Right Now for the Coming Recession
Inflation came in much hotter than expected in February. Core services inflation, which excludes housing, rose 0.5% from January following a 0.9% increase from December. Last month’s gain was twice as fast as it was pre-pandemic, causing the Federal Reserve to rethink interest cutting rate too soon.Consumer spending is weakening as real disposable income fell in January. At the same time, household debt hit an unsustainable $17.5 trillion. Credit card and auto loan debt is also at record levels and rising, ...