Worried About a Recession? History Says to Do This 1 Thing
Following the unbelievable amounts of monetary and fiscal stimulus to jump-start the economy during the COVID-19 pandemic, inflation started to surge. To combat these rising prices that proved to be anything but transitory, the Federal Reserve raised interest rates at the fastest pace in history starting in March of 2022.
Investors expected the economy to tip into a recession, sending stock prices sharply lower in 2022. However, both the S 500 and the Nasdaq Composite Index have been on an impressive run since the start of last year, resulting in the popular belief that the U.S. economy is on solid footing right now.
However, there are still reasons to be cautious right now. If you're one of the skeptics who is worried about a looming recession, history says you should do this one thing as it pertains to your investments.
Source Fool.com
