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What Does A Typical Recession Look Like? Peter Ricchiuti Explains

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!

Click Here - Peter Ricchiuti on the Economy Post 2008

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Advisory services offered through Plains Advisory LLC, an investment adviser registered with the State of Nebraska. Insurance products and services are offered and sold separately through John Posey, a licensed insurance agent. No investment strategy can guarantee a profit or protect against loss in periods of declining values. Opinions expressed are subject to change without notice and are not intended as investment advice or to predict future performance. Past performance does not guarantee future results. Consult your financial professional before making any investment decision.

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