Posted May 29, 2019 by John Posey
Here's a great video by Peter Ricchiuti (a speaker and professor at Tulane University) that was done after the 2008 recession. I have found Peter to be hands down the most entertaining speaker on the economy I've had the opportunity to listen to. About two minutes into the video, Peter covers characteristics of historical recessions that serves as a good reminder of what to expect when we enter the next one. Don't be lured into the "This Time Is Different" thinking when the next recession arrives. When it inevitably comes, it's possible your inner caveman (commonly summoned by the media) will be telling you the sky is falling so fight the urge to make emotionally charged decisions with your money!
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