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GlobeSt.com
By Kelsi Maree Borland
Investors are predicting and preparing for the next recession. The increase in caution and conservatism could actually reduce the impact of a downturn if and when it hits. The severity of the last recession has driven an increase in caution among investors, particularly as the cycle matures.
“The memory of the last recession was searing enough that there is persistence in not getting carried away like last time,” Peter Muoio, chief economist and head of data insights at Ten-X Commercial, tells GlobeSt.com. “For a lot of people the last recession—the financial crisis—is the only recession that they have been through professionally. When they hear the terms business cycle or downturn, it is almost triggering because it was so awful last time.” Read more.