Don’t Fear a Recession If You Have These 6 Financial Traits

Different economists use different criteria for defining a recession, but the outcome always spells bad news. Economic growth stalls, businesses slash production, employers lay off workers, the stock market loses value and anxious consumers tighten spending, which forces businesses to cut even more jobs.

Although downturns are a natural part of the business cycle, they leave pain and suffering in their wake — and there’s a widespread expectation that America is in for both at the end of this year or in early 2024. Read more

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