11 Defensive Dividend Blue - Chips To Help You Sleep Well At Night During The Next Market Decline

Market volatility is back, exactly as I've been warning readers about for weeks now.
The reality of our 24 to 30 month pandemic induced economic crisis means that a diversified and prudently risk managed portfolio is more important than ever.
A second wave in the fall could send stocks into free fall, but four sectors, utilities, consumer staples, tech and healthcare are the least exposed to the pandemic.
BMY, UGI, MDU, ABC, SNY, ADM, SWX, DEO, D, PEP and ED are 11 recession-resistant blue-chips trading at reasonable to attractive valuations that I can recommend today.
As part of a prudently constructed SWAN portfolio, these 11 safe dividend payers can help you maximize the chances of achieving your long-term financial goals no matter what happens next with the pandemic, economy or stock market.
Volatility has returned to Wall Street with a vengeance, owing to concerns about the speed of the economic reopening and a potential resurgence of the virus that experts have been warning for months was not just possible, but likely as states reopen.
The S&P 500 suffered a 5.9% decline on Thursday, June 11th, the Dow 6.9%.

To give you some context for historical stock volatility,
For the Dow, drops like that happen about 0.1% of the time, historically speaking-although they have happened about 4% of the time since the beginning of March. These are strange times for investors." - Barron's
A nearly 7% decline is, statistically speaking, expected every 4 years (because there are about 250 trading days in a year and such a decline is a 1 in 1000 day event).
But volatility comes in clusters which is why, since the crisis began, we've seen many large single-day declines in the market in the last few months.
The media blamed Fed Chairman Jerome Powell's "pessimistic" stance during his press conference. During that press conference
Powell explained why the Fed plans to keep the Fed Fund Rate (short-term rates) at zero through at least... Read more