How to Avoid Financial Panic When a Recession Threatens
It’s OK to worry about a potential recession. The unknown is scary. But, don’t let those emotions lead you into financial panic.
You are not the only one feeling anxious – more Americans are worried about a looming recession than in years. Two-thirds of Americans (66%) say they are expecting a major recession right around the corner, according to the 2022 Q2 Quarterly Market Perceptions Study* from Allianz Life Insurance Company of North America. At this time last year, fewer than half (48%) expressed concern about a recession.
The anxiety about a potential economic downturn makes sense. in general economic activity that are part of the regular economic cycle. What’s tough is that we often don’t