As the US, EU, and China all face slowing economies and global inflation sits above 8% the most likely outcome at this stage is stagflation for the year ahead.

In a slowing economic environment consumer staples are products that people need to buy even during a recession. So, when times are tight it can always be useful to see if there is any value from consumer staples to be had.

One example to look at would be Johnson and Johnson. Over the last 10 years, between Jan 03 and March 29 Johnson and Johnson has gained 7 times for an average return of 4.55%

So, is a long for Johnson and Johnson worth considering?

Major Trade Risks:
The main risk here is that Johnson & Johnson has some very negative news for the stock that sends it lower.

Don’t just trade it, but Seasonax it