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Any company who’s customer is the government. There’s only one entity that spends money in a recession, and that’s the government. Safest job you could have is
by bush-bby 4y ago
Any company who’s customer is the government. There’s only one entity that spends money in a recession, and that’s the government. Safest job you could have is one working for the federal government. Everything else is speculative and subjective to whatever is influencing the economy at any given point.
- giantg2 4y agoI would add that industries that contract with or supply tools for the government work would be good. Things related to infrastructure would likely be good. However, they already had an infrastructure bill and companies like CAT might be over bought.
- maerF0x0 4y ago> There’s only one entity that spends money in a recession in a recession consumers still spend, but they often shift from high price to lower price. iirc it's a depression where things get really vicious cycle w/o gov't