Economists currently favor several financial instruments for investment based on the prevailing economic conditions and market trends. Here are the key instruments they recommend:

1. Value Stocks: Economists emphasize investing in undervalued stocks with strong fundamentals, particularly those that demonstrate consistent dividend growth. Companies with a solid track record, like Archer Daniels Midland, are highlighted as having potential for better long-term returns.

2. Dividends: There is a strong focus on dividend-paying stocks, especially those with a history of increasing dividends. The appeal lies in the combination of stable income and potential for appreciation over time.

3. Real Estate Investment Trusts (REITs): Given the ongoing demand for real estate, REITs are viewed as a good investment option for those seeking income and growth, particularly in resilient sectors.

4. High-Quality Bonds: While caution is advised regarding the overall bond market due to rising interest rates, high-quality bonds, like U.S. Treasuries, are still considered a safe investment for lower volatility during uncertain economic times.

5. Natural Resource Stocks: Certain natural resources, such as energy companies involved in oil and gas, are favored due to their potential for strong cash flows in inflationary environments.

Investors are encouraged to maintain a diversified portfolio and to focus on long-term wealth creation through strategic investments in these areas.