Recessions seems to be the talk of the town these days. So: if "everyone" knows a recession is coming, does that change what the downturn looks like?
The S&P 500's performance in 2022 -- down more than 20% -- is a clear indicator of investor pessimism as we look ahead. If you're worried, like many other investors are right now, that a recession is on the way, then take a look at O'Reilly Automotive (NASDAQ: ORLY) as a stock to protect your portfolio and peace of mind. Caused by an overextension of subprime mortgages and a hot housing market, the S&P 500 shed 36% of its value during this roughly 18-month stretch.
Even if you think it might be tough to afford or you can't scrape up enough for it to matter, now's the time to get started.