Is the Economy Really That Bad Now? Here’s What History Tells Us

Image credit: Sarah Tew/CNET. Article by Farnoosh Torabi. CNET – June 4, 2022.

Inflation is at its highest point in a generation, the Dow Jones Industrial Average has shed more than 10% since the beginning of the year and the 30-year fixed rate on a mortgage has nearly doubled since June 2021. In financial circles, there is increasing talk of a recession. When the economy cools, it can make it even harder to live within our means, save, invest and achieve our financial goals. It can also make it easier to panic. […]

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