3 FTSE 100 shares I’d buy for a recession

first_imgSimply click below to discover how you can take advantage of this. See all posts by Roland Head Image source: Getty Images Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! “This Stock Could Be Like Buying Amazon in 1997” I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Roland Head has no position in any of the shares mentioned. The Motley Fool UK owns shares of and has recommended Amazon and recommends the following options: short January 2022 $1940 calls on Amazon and long January 2022 $1920 calls on Amazon. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.center_img Our 6 ‘Best Buys Now’ Shares Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Enter Your Email Address Roland Head | Saturday, 23rd May, 2020 | More on: MRW SN SSE 3 FTSE 100 shares I’d buy for a recession The latest data from the Office for National Statistics (ONS) suggests that the UK economy is slowly coming back to life. But activity levels are well below normal and a recession seems likely. How should you invest in this uncertain environment?I’ve found three FTSE 100 shares I think will perform well in difficult times.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Keep it simpleThe coronavirus pandemic has shown how dependent we are on supermarkets. I don’t see this changing, especially in a recession, when shoppers become even more price conscious.My top pick of the UK’s listed supermarkets is Wm Morrison Supermarkets (LSE: MRW). This Bradford-based business combines traditional supermarket retail with a modern approach to growth. Behind the scenes, it supplies groceries for Amazon‘s online delivery service and is the main wholesale supplier for McColl’s convenience stores.Morrison’s food production business gives it an edge in the wholesale sector, helping to support higher overall profit margins. I also like the low debt levels and large, freehold property portfolio – 87% of stores are owned outright.The Morrisons share price looks decent value to me on 13 times forecast earnings. The dividend hasn’t been cut and I estimate the current dividend yield at about 3.6%. I see this FTSE 100 share as a low-risk buy.Profit from silver saversThere’s speculation that widespread lockdowns may trigger a baby boom. We’ll see. But for now, the reality is that in most developed countries, the population is getting older. These silver savers often have more disposable cash and better healthcare than younger people.This should be good news for FTSE 100 share Smith & Nephew (LSE: SN). This medical technology company makes nearly half its profit from orthopaedic implants such as knee and hip replacements.Other growth areas include products for wound care, including chronic conditions relating to diabetes and pressure ulcers. Older patients form an important part of these market segments, too.Smith & Nephew flies under the radar for many private investors, but this £14bn firm enjoys profits margins in excess of 15%, strong cash generation and low levels of debt. Growth has also improved over the last couple of years. The shares aren’t cheap, on 20 times forecast earnings. But I see this as a quality business. I’d be happy to buy at current levels.This FTSE 100 share yields 6.6%Utility group SSE (LSE: SSE) was rocketing at the start of the year, but the shares were hit by the stock market crash. This popular FTSE 100 income stock looks attractively priced to me at about 1,200p, with a dividend yield of 6.6%.In a year when so many companies have cut their dividends, is this payout still safe? I think so.At the end of March, the firm said that it intended to maintain the dividend at 80p this year. This gives a yield of 6.6% at current levels. If the market was pricing in a dividend cut, I’d expect the forecast yield to be higher than this.My hope is that SSE’s role as the UK’s largest renewable generator may have provided some protection against lower electricity demand during lockdown. This is because renewable power gets sold into the grid before fossil fuel power.It’s too soon to be sure about the outlook for 2020–21, but I think SSE looks good value at current levels and rate this share as a buy for income.last_img read more

Germany proposes relief for providers over €60bn enforced reserves

first_imgA proposed amendment German pension guarantee rules could save the country’s insurers, Pensionskassen and Pensionsfonds from having to sell off further valuation reserves.The German finance ministry has put forward a change to the calculation of additional interest rate guarantee buffers (Zinszusatzreserve), bringing in a cap linked to market rate changes.The new calculation method could bring down the Zinszusatzreserve by up to two thirds, Friedemann Lucius, board member at Heubeck AG, told the German newsletter Leiter bAV.In its proposal the finance ministry noted: “The interest rate guarantees for customers are already safeguarded enough to have the buffers increase at a slower rate.” Since 2011 all insurance-based retirement providers – including Pensionskassen and some Pensionsfonds – have had to top up their actuarial reserves to ensure they can afford the guarantees promised to members as interest rates have fallen.However, over the past few years the calculation method has been heavily criticised by the industry. To finance the buffers, valuation reserves had to be sold off. The proceeds in turn had to be invested in asset classes with insufficient returns.According to the current calculation method the percentage that has to be put aside for the buffer is based on market interest rates measured over a 10-year period.With continued cuts to the interest rate these calculations have led to providers accumulating reserves of around €60bn in total, according to the finance ministry BMF.The proposal (available in German) is up for public consultation until 28 September.last_img read more

Police Re-Open 32 Year Old Murder Investigation

first_imgThe Indiana State Police have re-opened the investigation into the murder of 65-year-old Donald Quinlan three decades ago.On the afternoon of Friday, October 2, 1981 the body of Quinlan was found at his home near the White Water River in Cedar Grove.“With the advancements in forensic technology and new witness information, the Indiana State Police have reopened the investigation into the murder of Mr. Quinlan,” ISP Public Information Officer Noel Houze reported.Anyone with information concerning the investigation is urged to contact the Indiana State Police at 812-689-5000 or 800-566-6704.last_img

Emily Costales shows improvement after adjusting to new line mates

first_imgStephanie Grossi and Emily Costales took the ice together two weekends ago. The two sophomores were reunited after Syracuse head coach Paul Flanagan bumped Grossi down to the second line. The duo hadn’t spent much time together — on the ice at least.“Emily’s my roommate too … we’re pretty close,” Grossi said. “It should carry over on the ice, we should have good chemistry, ‘cause we’re always together.”Moving Grossi to the second line wasn’t because she was playing poorly. The first line for most of the season — Grossi at center with seniors Nicole Ferrara and Melissa Piacentini on the wings — has contributed 44 percent of the team’s points this year.But Flanagan noticed in recent games, teams focused on negating the first line because they knew that Syracuse (8-9-2, 5-1-2 College Hockey America) lacked depth on the second. His decision to start Jessica Sibley in the past three games has paid off. The team hasn’t lost in that stretch, and Sibley, who’s now third on the team in total points after taking Grossi’s first-line spot, has been named the CHA player of the week twice in the past three weeks.Flanagan hopes that Costales’ comfort level with Grossi will help her improve and also increase the team depth and consistency of the second line, something that’s been missing all year for the Orange.AdvertisementThis is placeholder text“That’s one of the key ingredients I guess, is trying to find that right chemistry,” Flanagan said. “You’re trying to find that chemistry where the girls think similarly.”Flanagan cited a lack of consistent depth as a reason his team has had such an up-and-down year, as the Orange hasn’t been able to string together more than two consecutive wins. But after Saturday’s game against Penn State, Flanagan named Costales as one of the players who’s progress he’s been encouraged by.“I went in to talk to the coaches actually a few weeks ago just to see what I can work on,” Costales said. “They were saying that I need to work on consistency and using my body. And I think that I’ve been utilizing that in the past few games.”Flanagan added that what he thinks sometimes holds Costales back is her lack of confidence. He said that as a high school senior she was the player that had to do everything for her team. He thinks her role change has taken away from her aggressiveness, something he would like to see her improve.Costales said that her improvements have come from focusing on “all the little things,” and that just reviewing game tape to go over angles has been helpful.She also admitted that there are some things she still needs to work on, like picking corners when she shoots so the puck won’t go directly into the goalie’s chest. To that end, she plans on working on her shot when she goes home for the team’s Winter Break. She said that her shot always feels best after she’s been practicing at home.“Just after hitting the top corner and having that repetition,” Costales said of why she feels better after practicing at home. “… that just really helps your confidence mentally and you just know you can hit it in the games.”Costales got to reunite with her roommate Grossi on the ice and will get to go home and practice soon.And Flanagan is hoping that her increased comfort level will help a second line that could use it.“Just try and get some consistency … just put a little bit of pressure on them and make them play D,” Flanagan said. “That’s what we’re trying to get.” Comments Published on December 9, 2015 at 5:14 am Contact Tomer: [email protected] | @tomer_langer Facebook Twitter Google+last_img read more

Half-time: Chelsea 2 Spurs 1

first_imgRamires’ fine goal left Chelsea on the verge of a Champions League place.The Blues, whose top-four finish will effectively be guaranteed if they win tonight’s derby, went ahead when Juan Mata’s 10th-minute corner was met by Gary Cahill, whose header was nodded in by Oscar.Chelsea, with Fernando Torres and the fit-again Eden Hazard back in the starting line-up and Frank Lampard on the bench, were in control before Emmanuel Adebayor equalised on 25 minutes.Cahill allowed the striker to amble his way towards the edge of the penalty area and was punished when Adebayor found the top corner of the net with a fantastic strike.But Ramires hit back for the home side six minutes before the break.Torres did well on the right and picked out the Brazilian, who fired beyond keeper Hugo Lloris.Chelsea: Cech, Azpilicueta, Cahill, Ivanovic, Cole, Ramires, Luiz, Oscar, Mata, Hazard, Torres.Subs: Turnbull, Lampard, Moses, Terry, Ba, Benayoun, Ake.Click here for our Chelsea v Spurs quiz 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 Follow West London Sport on TwitterFind us on Facebooklast_img read more

Warriors have tough night against Redding Christian

first_imgRed Bluff >> The Mercy Warriors boys and girls played host Tuesday evening to the Redding Christian Lions and were overpowered by their guests.The Mercy boys lost 68-27 and the girls took a 65-30 loss to the Lions.The Warriors boys played tough and pulled down more than their share of boards, but couldn’t get the ball inside and were cold shooting from the arc.Redding Christian was solid on defense and often appeared to have an extra gear, swarming on whichever player had the ball and making …last_img

Fishing the North Coast: Quotas set for Klamath and Trinity rivers

first_imgIn an interesting twist of events, the Klamath River will likely provide better fishing opportunities than the mighty Sacramento this season. That’s quite a turnaround from last year when fears of extremely low salmon returns prompted a full closure for ocean salmon within the KMZ and fall kings on the Klamath and Trinity. But it turned out the adult returns weren’t as bad as feared – 31,838 returned compared to 18,410 predicted. The rebuilding process was boosted by the 21,903 jacks (two-year …last_img

JSE-listed Investec in Irish acquisition

first_img“The transaction will provide a strengthened and diversified offering to both sets of our clients, bolstering Investec’s capability to become one of Ireland’s leading specialist banking groups.” “The deal will bring together to like-minded and innovative businesses whose operations are very complementary and whose combined experience and expertise will create real added value,” NCB chief executive Connor O’Kelly said in a statement this week. South African banking and asset management group Investec’s Irish arm is to acquire NCB Group, an Irish financial services provider specialising in wealth management, corporate finance, capital markets, venture capital and investment funds, for about €32-million. Investec Ireland CEO Michael Cullen said that NCB was long established and well-regarded both domestically and internationally. SAinfo reporterWould you like to use this article in your publication or on your website? See: Using SAinfo material Since setting up in Ireland in 2000, Investec Ireland has built up a successful capital markets business and has become a leading provider of treasury products to Irish corporates and is a market leader in the personal deposit market. 30 January 2012center_img According to the statement, the combined business created by the deal will deliver a more diversified product and service offering, broader international access and enhanced financial strength for the existing clients of NCB. “We believe that Investec’s balance sheet strength and diversified product offering will resonate very well with existing and prospective clients.” “The NCB business will complement our successful capital markets business in Ireland and is consistent with the group’s overall objective to expand its fee based and capital light activities,” he said. Internationally, Investec Ireland has a significant business in the structured equities arena. The company currently employs over 110 people in Ireland. NCB is one of Ireland’s leading financial services groups, and employs 120 people at its Dublin headquarters, from where it services a client base of high net-worth individuals, Irish and international corporate customers and institutional investors.last_img read more

Near-Zero-Energy Homes In Inner-City Hartford

first_imgCT Non-Profit Plans 100 Similar Homes Every Year for the Next DecadeHARTFORD, CT — A nonprofit housing developer, SAND Corporation, will soon begin building six net-zero-energy homes in an inner-city Hartford neighborhood. According to the Hartford Courant, SAND (an acronym for South Arsenal Neighborhood Development) has raised $2.1 million to build three duplexes on Earle Street in North Hartford.Designed by architect Bill Crosskey, the all-electric superinsulated homes will feature roof-mounted photovoltaic arrays, solar hot water systems, ground-source heat pumps, and energy-recovery ventilators. According to Crosskey, the homes are designed to use 75% less energy than the average Hartford home.Karen Lewis, the executive director of SAND, is excited about the project. “This is the kind of thing that never happens in the inner city,” said Lewis. “But why not? This is the future. Why should we be last?” Buoyed by funding from the United Technologies Corporation, SAND has an ambitious goal: to build 100 net-zero-energy homes in Hartford every year for the next ten years. “With the economy how it is now, I’m not sure whether the funding will work,“ Lewis admitted. “But I know that the dream is real.”last_img read more

Trump Proposes Massive Hike on Chinese Tariffs

first_imgzoomImage Courtesy: The White House under public domain license The U.S. President, Donald Trump, is increasing the pressure on China to reach a trade agreement with his plan to increase existing tariffs and targeting billions of additional goods.The move has increased tensions in trade talks between the world’s two largest economies. Just last week, the U.S. President said the officials were making progress on the deal, only to now reveal that discussions with China continue, “but too slowly, as they attempt to renegotiate”.According to a social media update on May 5, Trump would increase the earlier set 10% tariffs on USD 200 billion worth of Chinese goods to 25% as of Friday. This would reverse the decision to deep the tariffs at 10% made in February 2019 after the two sides made progress on the deal.Additionally, Trump would target a further USD 325 billion of Chinese goods “shortly” with 25% tariffs.After their meeting in Beijing last week, Chinese and U.S. officials are scheduled to meet again in Washington on May 8, Reuters said, adding that the new tariffs would depend on these talks.World Maritime News Stafflast_img read more