3 Key Defensive Stocks For Navigating The 2024 Economic Landscape

The stock market has rebounded spectacularly from the bearish trend last year, as the S&P 500 index registered its longest weekly winning streak since 2017, rising over 23% year-to-date. The tech-focused Nasdaq Composite Index has gained over 43% so far this year.While the Federal Open Market Committee's dovish speech drove the current market rally, many analysts predict the upswing to be short-lived as the global economy stands on the precipice of a mild recession. Amid slowing consumer..