Jul 19, 2019
We're overdue a recession. Based on the typical length of an economic cycle, it's reasonable to expect a recession sometime soon.
Throw some current affairs into the mix; Brexit, the US/China trade war, and everyone getting stroppy with Iran, and that recession could be triggered fairly soon.
When the next recession comes, it looks set to be an 'interesting' experience. Since the global financial crisis, much of the recovery in developed economies has been fueled by artificial money, pumped out by the central banks.
So the next recession could be deeper and more sustained than any seen before, with a significant impact on capital markets.
In this episode of Informed Choice Radio, why the next recession will test your financial plan, and what you can do about it.