Should You Change Your Investment Strategy During a Recession?
The U.S. economy is officially in the midst of a recession, and some investors may be worried about what that means for their money.
The stock market doesn't currently seem to be aligned with what the rest of the economy is doing. Despite the recession and fears of a second wave of the coronavirus pandemic slamming the nation, stock prices have been surging over the last few weeks. While that may seem like positive news, it could actually be dangerous because it means the market is volatile and susceptible to another crash.
Nobody knows exactly what the future has in store for the economy or the stock market, but does that mean you need to adjust your investment strategy to account for this uncertainty? Here's when you should -- and shouldn't -- change your plans.
Source Fool.com