Except for one or two big drops along the way, like the one caused by the start of the pandemic last year, the S&P 500 has been on what's essentially a multi-decade run higher. A bull market that long in the tooth can get people jittery.
Chinese property owner Evergrande looks as though it may default on its debts, and many fear this could spark a domino effect causing a global economic recession , which is why the stock market plunged last week.
Although the market has since recovered all that lost ground, it's never too soon to plan for another crash. Colgate-Palmolive (NYSE: CL) , Airbnb (NASDAQ: ABNB) , and Altria (NYSE: MO) are three stocks that could help insulate your portfolio from the next downturn.
For further details see:
3 No-Brainer Stocks to Buy in a Market Crash