Is the U.S. Losing “Escape Velocity” and Falling Back Toward “Planet Recession”?
One should, as a long-term investor, fear the return of recession. Business cycles have finite lives, and the last cycle, with the end of the last recession, is now two years in the rearview mirror. Recessions, on average, create job havoc and cause earnings and stock prices to decline, often more than 25%. So, are we going down again? James Swanson, MFS Chief Investment Strategist, points out several reasons why he believes there is reason for optimism. Click here to read.