Defensive stocks

Quite simply - stocks that are likely to do (relatively) well in poor economic conditions. As the overall market value falls, these stocks can be expected to remain stable or even increase in value, they’ve done it in the past, it’s a safe haven

The regular example for these types of stock are companies providing necessary goods and services, food, water, utilities, electricity etc etc.
You’ve got to eat - so the companies that handle the basics will stand up to the climate well. Luxury goods aren’t. Pretty simple really.

You might also consider the example of morticians in this connection…