If a Recession Is Coming, History Says Utilities Aren't Safe, Just "Less Bad." Here's the Data.

Impact · against what's priced in

The article serves as a cautionary reminder that utilities typically provide only relative rather than absolute protection during recessions. While NEE, SO, and DUK are defensive staples, historical data suggests they can still face significant drawdowns, limiting any upside catalyst from their 'defensive' status.

Scored by the NIS engine · methodology.

• gdp▲250%
• DUK