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We're arguably in a recession right now: https://en.wikipedia.org/wiki/COVID-19_recession Companies offering free services or cheap ownership of things should do well I think, but any company that relies on subscriptions or upgrades would be hit hard.
Power Systems or certain companies in the healthcare space? I was working in a company making software for utilities and oil & gas companies (think competition to GE, Siemens etc). Don't think this will ever be slowed down or have to lay off people specifically due to a 2008-09 like recession
The company then goes bankrupt and continues as if nothing happened, but the shareholders are wiped out and the debtors own the company. Happens in airlines all the time.
So "essentials" companies that have a low debt load may be interesting, especially if boring.
Berkshire Hathaway may do decently well.
We're arguably in a recession right now: https://en.wikipedia.org/wiki/COVID-19_recession Companies offering free services or cheap ownership of things should do well I think, but any company that relies on subscriptions or upgrades would be hit hard.
Usually it's defined as two quarters of negative GDP growth which we haven't seen since the beginning of the pandemic.
They're bullish on a subset of tech that's specifically focussed on efficiency and process automation.
I think the same category would do well in a recession. If money is tight, you'll trim down your workforce and you'll cut out "nice to have" goods and services from your budget, but you probably won't cut services/tools that help you get things done faster with fewer people.
I work at a startup currently and am wondering if it’s time to start job hunting at the big companies because I worry about stability. There will be some flood of labor soon I can feel it in the air and I want to get in before that
Success or Grow meaningfully: not sure. There's also other risks (geopolitical, supply chain). It also depends on what it means by growth. Growing revenue? Is success measured by external measures (stock price) or other intrinsic factors (profitability)
Anything energy related.
Geography also plays an important role. Places like the valley saw very little impact while the place I was living at in the South basically had it's software ecosystem gutted. It did bounce back within a year though, so just make sure you have enough funds to ride a recession out in the worst case.