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7 Defensive Stocks To Buy During This Chaotic Spell

While it’s always a good idea to balance your portfolio with defensive stocks, the present chaos dramatically incentivizes this subsegment. As you’ve no doubt heard, the U.S. and the rest of the world presently reel from two major banks failing. Moreover, the main concern centers on the contagion spreading to other components of the global economy.

No matter what, the Fed faces a gargantuan task with serious consequences. Basically, it’s caught between a rock and a hard place. With investors deeply (and understandably) concerned, the most-established businesses probably make the most sense. In that spirit, below are the defensive stocks to buy during this chaotic spell.

This post originally appeared at InvestorPlace.