Pandemic Savings Could Help Blunt Recession Pains

For more crisp and insightful business and economic news, subscribe to The Daily Upside newsletter. It's completely free and we guarantee you'll learn something new every day.

While The Fed's unenviable task of orchestrating a "soft landing" for the economy is increasingly precarious, the average American has something to land on in the event things come down hard: a cash cushion.

After the pandemic allowed for near-unprecedented levels of personal savings, many Americans now have a massive, and unusual, advantage in the face of recession.

Continue reading

Source Fool.com