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Rumbles about a possible recession have been echoing around financial spaces all summer, with a debate raging about whether we're heading for a 2008-like crisis or if investing Bears are just making noise again. There have certainly been ways to argue that today's economic climate is nothing like 2008, but shifting market dynamics over even the past several days is increasingly calling that into question.
With the S&P 500 taking out 50 and 100 day moving averages, real estate starting to groan under the weight of an aggressive Fed, and the nearing of what has historically been a season of increased volatility, it might be time to buckle up. Stay informed, control what you can. And maybe talk to your financial planner.
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