{"id":592461,"date":"2023-01-28T13:35:00","date_gmt":"2023-01-28T13:35:00","guid":{"rendered":"https:\/\/omni48.com\/?p=592461"},"modified":"2023-02-07T13:45:34","modified_gmt":"2023-02-07T13:45:34","slug":"up-26-in-the-past-year-this-recession-proof-stock-is-a-smart-buy-in-2023","status":"publish","type":"post","link":"https:\/\/omni48.com\/news\/up-26-in-the-past-year-this-recession-proof-stock-is-a-smart-buy-in-2023","title":{"rendered":"Up 26% in the Past Year, This Recession-Proof Stock Is a Smart Buy in 2023"},"content":{"rendered":"<p>If there&#8217;s one thing we should have learned over the past few years, it&#8217;s that no one can predict what is going to happen next with the economy. There was a global pandemic, supply chain issues, inflation, and now a potential economic downturn in our near future. The best thing stock market investors can do to manage the constant uncertainty is to properly position their portfolios for anything that might come. With its shares up 26% in the last 12 months, you might want to seriously consider this recession-proof stock . Here&#8217;s why. Uncertain times The Consumer Price Index, which measures inflation , came in at 6.5% in December, so it&#8217;s safe to say that the central bank still has a lot more work to do to get prices under control. While the Federal Reserve aggressively raised interest rates in 2022, it will continue to do so, though at a slower pace this year. The goal is to get inflation<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Investors should be looking for ways to strengthen their portfolios right now.<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[36,1,24],"tags":[],"class_list":["post-592461","post","type-post","status-publish","format-standard","hentry","category-markets","category-news","category-stocks"],"acf":[],"_links":{"self":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/posts\/592461","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/omni48.com\/api\/wp\/v2\/comments?post=592461"}],"version-history":[{"count":0,"href":"https:\/\/omni48.com\/api\/wp\/v2\/posts\/592461\/revisions"}],"wp:attachment":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/media?parent=592461"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/omni48.com\/api\/wp\/v2\/categories?post=592461"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/omni48.com\/api\/wp\/v2\/tags?post=592461"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}