Three stable stocks for shaky times

With stock markets still volatile, pick stocks that aren't too dependent on a supportive economic backdrop, says professional investor Jane Coffey. Here, she tip three such stocks to buy now.

Each week, a professional investor tells MoneyWeek where she'd put her money now. This week: Jane Coffey, head of equities, Royal London Asset Management.

The British equity market has given investors a bumpy ride on the way to delivering a 7% gain for the FTSE All-Share so far this year. The first-quarter rally dissolved into a spring rout. Then the market rose from the beginning of June and matched the previous March peak. Although economic growth is weaker globally than investors had predicted in the first quarter, politicians and central banks have delivered more stimulative policies than could have been imagined.

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