Bear Markets, Inflation and How The Definition of a Recession is Changing...
David Mitchell • June 27, 2022
If you’ve been looking at the S&P 500 or watching the news at all, you know that we’re in a bear market crash right now.
Many have been asking the question
“What does this even mean?”
In today’s episode we’re going to tackle the
definition of a Recession
and how the NBER (National Bureau of Economic Research) is
changing the definition.
We’re also going to take a look at our economy and the current market conditions. We know that it can
look bleak and scary at times, which is why we are going to share some things you can do to
prepare and to potentially even make money during a down market!
In this episode I’ll cover…
- The economic factors that led the NBER to change the definition of Recession
- How the new definition of a recession impacts how we view recessions in the future
- What inflation is and the cyclical effect of inflation on our economy and small businesses
- An in-depth look at current conditions that indicate we are in a Recession
- What you can do to navigate the current and coming season
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