As the pain of a global recession is already being felt and markets have been volatile, investors are searching for companies that can withstand the macroeconomic headwinds.
American economist Paul Krugman has warned that the economy may be turning faster than most think and the Federal Reserve may have overshot in its aggressive response to rising inflation.
The U.S. Labor Department released Wednesday its Job Openings and Labor Turnover Survey (JOLTS) report for August, which indicated the number of American job openings dropped 10% in August to 10.05 million jobs.