Should You Stop Investing if a Recession Hits?
Are we on the verge of a recession? Or are we in one already? It's sort of unclear.
Technically, two consecutive quarterly declines in gross domestic product can indicate a recession, and we've hit that threshold. But when we look at the most recent jobs data, it's clear that the economy is still holding strong.
But we don't know how long it will hang on. The Federal Reserve is aggressively raising interest rates in an effort to slow the pace of inflation. If it achieves the soft landing it's hoping for, consumers could, in the coming months, be in for a world of relief.
Source Fool.com