Perspectives from the Path

Market Commentary Mike Mulcahy, CFA® CPWA® CTFA Market Commentary Mike Mulcahy, CFA® CPWA® CTFA

Recession? So What?

When the final GDP numbers are published, and assuming they are as negative as forecasted, the headlines will ring out – “We are in a recession!” There will be a lot of debate about the definition of a recession, when it officially begins, how credible the numbers are, etc. For us as investors, however, it is more important to ask, “So what? If we are in a recession, what do we do?”

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