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Is there going to be a recession in 2022? | What exactly IS a recession?

The big question is, will we have a recession in 2022? Or you may be curious, what is a recession? A recession is when two negative quarters of GDP occur consecutively. Right now, it's possible that we'll have a negative GDP by the conclusion of Q2 2022. This would mean it will take another negative quarter to trigger a recession. According to historical financial records, recessions happen about once every five years. When they occur, the average drop in the stock market is around 30% and can take up to a year to recover. Keep in mind the stock market is much different from the economy. The stock market is usually six months forward-looking from the economy, so we might already be in a recession from a stock market perspective. Fortunately, every recession is different and is not always severe. The market might only have a 30% drop within the timespan of a year and would most likely rebound. Recessions are healthy and are part of your overall financial plan so there is no need to panic. Download "Your Pre-Retirement Checklist": https://wiserinvestor.com/white-paper... Schedule a consultation with one of our financial advisors: https://wiserinvestor.com/contact-us Subscribe to our YouTube channel:    / @awiserretirement   Connect: Website: https://wiserinvestor.com Phone: 678-841-0097 Facebook:   / wiserwealthmanagement   LinkedIn:   / wiserwealth   Instagram:   / wiserinvestor   Twitter:   / wiserwealthmgt   Podcast: https://wiserinvestor.com/podcast/ YouTube:    / wiserwealth   #recession #recession2022 #wiserretirement