More Than Half of Americans Are Expecting a Severe Recession This Year: 4 Ways to Protect Your Investments
The past year hasn't been easy for investors, and with the recent surge in stock prices, many people are feeling conflicted about the future. While some experts are calling this the beginning of a new bull market, the long-anticipated recession may still be on its way. Researchers at Deutsche Bank recently noted that they believe there's a "near 100%" chance of a recession in the next 12 months.
The American public is also concerned about the probability of a recession. Around 68% of U.S. adults expect a recession within the next six months, according to a 2023 survey from Nationwide. Of those who expect a recession, 80% believe it will be severe.
Although the future may look bleak, there are ways to protect your investments. By making these four moves right now, you can keep your money as safe as possible.
Source Fool.com
