Hey kids! Have you heard about recessions? They're times when the economy slows down. Some grown-ups are worried a recession might happen soon. This news talks about how some stocks, which are like pieces of big companies, might do badly if that happens.
- Boeing, a company that makes airplanes, and energy companies like Halliburton and Baker Hughes might lose a lot of value.
- These companies did poorly during past recessions.
- Even though some people think energy stocks are safe, they can also go down during a recession.
| Company | How much it went down this year (%) | Average drop in past 5 recessions (%) |
|---|---|---|
| Halliburton | -9.4 | -40.1 |
| Boeing | -12.9 | -33.4 |
| Baker Hughes | 0.3 | -31.2 |
| S&P 500 (average) | -5.3 | -2.1 |
It's important to remember that this is just news, not financial advice. Grown-ups who invest in these companies need to be careful!
