Several measures indicate the U.S. economy may be near a recession. It has been seven years since the last official recession ended, which is an unusually long period of time between economic downturns.
And, the Federal Reserve has resumed monetary tightening, including raising interest rates. This could be a headwind for the prolonged rally in U.S. stock and bond markets. This has compelled many economists to believe the U.S. is overdue for a recession.
If a recession is in the offing, investors should reposition their portfolios, away from riskier growth stocks that would be vulnerable to an economic downturn. Instead,