Are We Really in a Recession? News or Noise for Your Money

We are in a recession! Or are we?

The unofficial rule of thumb, and the one almost every historic data series I've ever seen uses, is that a recession starts after two consecutive quarters of economic contraction measured by a fall in real gross domestic product (GDP). GDP is defined as a broad measure of the price of goods and services.

Here's the link to the NBER website: https://www.nber.org/about-nber/history Are these topics Newsworthy and should you be paying attention?

As you know, our constant advice for investors is to “tune out the noise.” But sometimes it is hard to know what’s noise and what’s not! That’s what this series is going to be about.

Our goal here is to approach these stories and each topic from an independent, investor-first, standpoint, divorce ourselves from personal feelings, emotional bias, or political opinion, and briefly analyze what we believe each story means for long-term investors.

These are going to be quick, casual, opinion pieces, and while we will use data to support our view, we will most likely be wrong in our interpretations, at least some of the time. However, we are looking to practice what we preach, and to help investors to rationally and critically analyze emotion-laden stories.

So with that said…

News or Noise?

If you have $500K or more and would like a partnership with a firm to help you manage your investments and financial plan as in these videos, click on this link to connect with our advisors: https://click2retire.com/reallyinrecession