Stubbornly high inflation, interest rates that have risen at the fastest pace in history, and massive corporate layoffs are leading many to believe that a recession is imminent. Besides the pandemic-fueled economic downturn, the U.S. hasn't had an official recession since the financial crisis roughly 15 years ago. It's possible many people are just worried that we're due for a severe one, which is justified given how scary the negative financial headlines can be.

Investors have no control over what happens with the broader economy, and that includes a recession. But they do have the power to do something about it and better position themselves for long-term financial success. Let's take a closer look at what I mean. 

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Source Fool.com