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MEGI: Recession Resistant High Yield Income (NYSE:MEGI) - Seeking Alpha

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While many pundits and financial experts still expect or forecast a recession to hit sometime in 2023, some are even predicting an imminent recession, and it is best to prepare for that eventuality. There are some investments that hold up better than others do when a recession occurs, so one way to prepare for that forecasted event is by increasing your income holdings with defensive picks. During recessions some of the industries that tend to be defensive in recessionary environments include healthcare, utilities/infrastructure, and consumer staples. People need medical treatment, need their gas, electricity, water/sewer, and other basic needs met, and they need to eat regardless of what else is going on in the world.

seekingalpha.com     Apr 18, 2023