You Can't Control Recessions, but You Can Control What You Do About Them
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
