Personal finance

Is the economy in a recession? Top economists weigh in

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‘We should have an objective definition’ Officially, the NBER define the recession as “a significant decline in economic activity that is spread across the economy and lasts more than a few months.” In fact, the latest quarterly gross domestic product report, which tracks the overall health of the economy, showed a second consecutive contraction this … Read more

How to assess risk in your investment portfolio

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There are millions of different investments you can buy, and they all require you to consider the same key tradeoff: risk versus return. Generally speaking, the greater your investment’s potential returns, the more likely it could decline precipitously in value. When you’re looking to maximize your portfolio’s return, ask yourself: What would a big decline … Read more