An economic downturn, known as a recession, is when the GDP declines steadily for two or more consecutive quarters, a reality associated with less to nill investments.
Poor economic growth is only one factor in recessions. A number of additional traits frequently accompanied them, including significant job losses, a shortage of open positions, and increasing government support (think stimulus payments and increased unemployment benefits).
In light of all of this, you might question if investing makes sense if we’re in or are headed for a recession. Is it better to keep all of your money in cash rather than investing it?
Therefore, when the market is booming, it’s easy to forget that what rises also has the potential to collapse. But since economic slowdowns are usually cyclical, another recession is probably coming. Whether it is coming soon or still some time off, it is a good idea to be prepared. You’ll keep out of the mad dash out of stocks and into cash by doing this. Instead, you’ll remember which stocks can still perform well during a downturn. On Business Edge, we have Victor Aluyi, Senior Vice President and Head Investments, Sankore Global Investments. Victor enlightened our audience about some short term investment options for protect against recession. However, News Central TV warns that, specific geographical locations could have different investment possibilities and eash person must consult their financial advisers or investment officers.
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