2023-03-18 07:20:00 ET
There are a lot of macro forces rattling the markets right now. Most are well-known to any investor who has paid attention to the news. The latest is the collapse of a major U.S. bank -- Silicon Valley Bank, a subsidiary of SVB Financial -- and the fallout that has rippled across the banking industry and beyond.
Considering all the news going on, the market has been pretty resilient in 2023, but these are still uncertain economic times. While successful investors should always be thinking about the long term, it is also important (particularly now) to focus on stocks that have a history of successfully navigating market downturns. One solid choice to buy and hold through a downturn is Markel (NYSE: MKL) .
Growth stocks got hit particularly hard in this bear market environment as a slowing economy, elevated inflation, and rising interest rates create adverse conditions for companies seeking rapid growth. But Markel is not your typical growth stock in that it is built to outperform in markets like this.
For further details see:
1 Growth Stock to Buy and Hold in a Market Downturn