No two recessions are alike, but there are some characteristics that we can expect to see no matter what when one happens -- or has occurred already, depending on whom you ask.
One is that consumer spending continues to dominate the direction of our national economy. Another is that consumers will seek to save on essentials and cut their spending on nonessentials as things head south.
That's especially true when inflation also rears its ugly head, which is precisely what's happening now. Here are some stocks that should be able to weather this storm.
5 Stocks Under $49
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