3 Critical Lessons on Investing in Recessions
The U.S. economy officially entered into a recession in February, and challenging conditions will likely continue in the near future. The coronavirus pandemic has presented a variety of obstacles and uncertainties that have shaken confidence at the consumer and enterprise levels and prompted dramatic shifts in business operations.
U.S. gross domestic product (GDP) declined 32.9% on an annualized basis in the second quarter, the biggest drop in the country's history. The economy is expected to improve significantly in Q3 and Q4, but investors should make sure that they are approaching the stock market with the realities of the current recession in mind.
Here are three things to consider as you chart your portfolio strategy during a recession.
Source Fool.com
