Businesses that will prosper even during recession

  • Fed rate hikes
  • Eng of QE
  • Rising inflation
  • Rising commodity prices
  • Is this the last leg of the bull market?
  • Will corporate earnings continue to rise?
  • Will US and China’s economy contract?

How should I position my portfolio in the light of possible contraction of economy? I should

  1. Buy (0r hold) companies that makes money even in periods of economic recession
    • SPGI, Google, Keppel DC, DBS
  2. Sell companies that is losing money now, and whose popularity is based on future earnings.
    • Grab, Sea, Palantir, Cryoto

It is time to be defensive.