The macroeconomic situation does not look favourable, let's face it. Recession is only around the corner. Certainly in the UK we expect the economy to drop again with the highest probability for Q3 to go into negative numbers.
But recession proof stocks do not care, 147% 5 year return is not something you see across other industries, unless you are dealing with something brand new.
Some of the stocks that seem to keep resisting the trend:
- Luxury Fashion
- Space Stocks
Are you seeing the same in the US? Or are you one of these people that believes we are about to go to another bull run?