Wouldn't be surprised. After roughly nine years of economic expansion and the longest running bull market for which we have records... we are due. That said, the future is not predictable. And if we do in fact go into a recession, it may not be as extreme as the 2007-09 one. Still, for those who are worried about their investments, the best advice is to remain diversified across multiple asset classes, index where possible and be wary of over-weighting specific investments or asset classes. Given the crazy run up in stock prices over the last decade, I'd take a deep breath if my portfolio was stock heavy and consider rebalancing into more conservative assets.
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Asad Rustom on the Patriarch Sylvester
4 hours ago
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