16 stocks for a global recession(depression)
J.P. Morgan, who is actually a front for the Federal Reserve Bank of the United States, was nice enough to publish a list of 16 stocks that they feel “that may outperform the U.S. stock market during the “global recession” it expects to unfold during the next two years.”
Outperform? As in the U.S. stock market dropping 80% while these 16 stocks drop only 65%? Ok, I can see that. For the well-informed many of these names will cause stomach-churning to think they will be in even more control in the near future.
3M Co.
Baxter International Inc.
Colgate-Palmolive Co.
CA Inc.
Devon Energy Corp.
General Mills Inc.
Gilead Sciences Inc.
Google Inc.
Hewlett-Packard Co.
McDonald’s Corp.
Merck & Co.
Monsanto Co.
Nucor Corp.
Philip Morris International Inc.
Union Pacific Corp.
Visa Inc
