Posted on 11/10/08
Bonds still havens to ride out the storm
Defensive stocks, cash-heavy balance sheets and low debt levels are all very nice during economic downturns. But what's the best way to ride out an economic depression?While the question might sound alarmist, more and more people are weighing the possibility that the economic slowdown engulfing the world right now could turn particularly nasty in the months ahead - that is, if various rescue attempts fail to support the wobbling financial system.
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