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This article was co-produced with Dividend Sensei.
A recession is highly likely in 2023. How likely?
The bond market thinks we have a 100% probability of recession starting by July.
A January survey by Ernst & Young of 1,200 CEOs found that 98% expect a recession this year.
The FactSet consensus is that we’re in a mild six-month recession right now, and the Bloomberg consensus is that a mild recession begins in Q2 and lasts two quarters.
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0% overall growth in 2023
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the mildest recession in US history
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the previous mildest was 2001’s -0.4% growth year.
That’s the good news. The bad news is that historically economists almost always underestimate recessions, so it’s possibly that negative growth this year could be worse.
But guess what?
A 2023 recession won’t hurt your retirement plan if your portfolio is diversified and packed full of Ultra SWAN (sleep-well-at-night) companies like Humana (NYSE:HUM).
Let me show you the three reasons why Humana is a wonderful fast-growing dividend Ultra SWAN that’s perfect not just for the 2023 recession, but for all future recessions.
In fact, as part of the fast-dividend growth part of your portfolio, Humana is a potential rich…
