SPTI

pigglesthepup

Consumer staples are always good as defensive stocks. But they're still equities. When equities crash, consumer staples will take a hit. They just rebound faster than the rest of the market. The better recession hedges are Treasuries: VTIP/STIP: short-term TIPS. Good for inflationary shocks -- like right now. SPTI/VGIT: intermediate Treasuries. Neutral ballast. SPTL/VGLT/TLT/EDV: deflationary shock absorbers. 2008 + 2020 style crisis hedges.