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hello everyone welcome back uh today were going to be talking about defensive investing and some of the key elements that I would recommend uh you uh you know incorporate into your overall investment strategy and stock selection process um especially if you believe that we are you know entering a period of low growth or even negative growth uh at the macroeconomic level uh if you believe that we are into a recession or if you believe that the economy overall will slow down for a period of time uh what are the uh investment strategy inputs that you should definitely have as a part of your stock selection process so lets take a look at that so uh you know as weve been talking about over the last several uh months you know the macro picture remains uh mostly bearish uh especially if you can look at things like the the treasury view curve right now the uh the yield curve is inverted every single time that that has happened in the last 50 years has been followed on with an economic cont