The debate over whether or not we're in or headed towards a recession continues to roil. The Fed, as expected, announced yet another rate hike yesterday, and firm Q2 GDP numbers coming today are expected to show the second straight quarter of decline, meeting the colloquial definition of a recession. Strong jobs numbers, on the other hand, seem, in theory, to be out of step with such assessments. Time will tell what happens next, but for now, it may be worth it to keep focused on the best ways to navigate the waters as they are now.
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