Worried about a potential downturn? With looming economic uncertainty, it’s more important than ever to build a resilient portfolio. From defensive sectors to safe-haven assets, here are the top recession-proof investments to help safeguard your wealth.
Is a recession coming in 2025? Given the ongoing trade war that has affected supply chains and manufacturing costs, many investors are concerned that an impending recession is under way. The Monetary Authority of Singapore has also stated that Singapore’s growth forecast has been downgraded to a more cautious 0-2% as a result of US tariffs, with manufacturing and financial services sectors expected to be hurt most. However, economists say that the risk of a full recession—where full-year GDP shrinks—would depend on how trade talks go during the 90-day tariff suspension. In any case, what can you do to prepare for the possibility of a recession? Long-term investors know the merits of keeping…