In 2020, we saw the stock market crash and the unemployment rate skyrocket. This led the Federal Reserve to print ~$4T USD to support the market and fund many economic relief measures. Unfortunately this has had an annoying side effect of causing inflation. But importantly, if inflation rises too much further the Fed will likely have to step in and raise interest rates, which could trigger a recession. If that situation were to happen, what should we be doing now to prepare?
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DISCLAIMER:
Neither New Money or Brandon van der Kolk are financial advisers. The information provided in this video is for general information only and should not be taken as professional advice. There are risks involved with stock market investing and consumers should not act upon the content or information found here without first seeking advice from an accountant, financial planner, lawyer or other professional. Consumers should always research companies individually and define a strategy before making decisions. Brandon van der Kolk and New Money are not liable for any loss incurred, arising from the use of, or reliance on, the information provided by this video.
