DDHLF - How Can Investors Financially Prepare For A Recession?

• It's not a great idea to panic sell, that's for sure, but rebalancing could be wise since the sell-off has been indiscriminate.
• It's critical to think incrementally about your next purchases, don't be sucked in by sunk cost thinking.
• Consider that the economic ills concern the credit cycle overextending consumption beyond what the real economy can support.
• Due to unemployment spiraling in one direction and inflation spiraling in the other, the soft-landing will be unlikely, and investors should prepare for one extreme or the other.
• Stocks in your portfolio should be resilient to declines in economic growth and higher rates as well as resilient to inflation to be ready for anything.

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