Is the Long-Promised Recession Now Near, and What to Do to Prepare

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Toby Milroy editorial
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It seems like we’ve been hearing about the ‘imminent’ recession for more than a year now. The Dow Jones is down about 8% and the S&P 500 is down about 13% from their peaks in 2021. Energy prices spiked to record breaking levels. Inflation rates have escalated beyond what we saw in the 80’s, even approaching what we saw in the 70’s, yikes. The Fed has raised interest rates faster than any time since the 1980’s where they reached 20%. Our representatives in DC are digging in as the debate over the debt limit looms. And now, we’ve seen a string of bank failures that give even the most conservative

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