Goldman Sachs: 3 Recession-Resistant Stocks to Buy

Less than a week ago, Goldman Sachs private wealth management chief investment officer Sharmin Mossavar-Rahmani stoked investor worries with a comment putting the chances of a recession hitting the U.S. in 2020 at somewhere between 25% and 30%.But less than a week later, Goldman global strategist Peter Oppenheimer seemed to say the opposite, telling CNBC: “This downturn in manufacturing has been one of the longest on record and may start to stabilize, if not improve, somewhat soon … Growth has slowed but [the economy] is not close to recession,” he concluded.And we have to say — this all seems terribly …read more

Source:: Yahoo Finance

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