How to invest like Warren Buffett during a recession
CNN
Between 2020 and 2022, stocks shot toward the moon. This year, they've been jettisoned back to Earth.
The S&P 500 (INX)is down about 18% year-to-date, inflation rates are at 40-year highs, geopolitical chaos abounds and a recession is looming. The easy-money environment that many investors grew accustomed to over the past 13 years is in the rear view mirror.
Risky meme stock, SPAC and NFT bets have dried up, giving value stocks, with more stable near-term cash flows, the upper hand in today's fear-driven market.
Millions of Americans have taken to the skies, hit the road, fired up the barbecue grill and jumped into the pool this weekend to celebrate the start of summer 2024. Analysts are expecting the Memorial Day weekend to usher in yet another summer of strong consumer spending on travel and other leisure activities.