We’re in a recession—here’s how to get through it

The global economy is stalled. Here are 5 key ideas to help you navigate through this recession. Welcome to the recession. We'll help you navigate through it. As the 2020 pandemic intensified in March, the world started to shut down. Months later, our lives are still severely limited, and both the U.S. and global economic numbers reflect this significantly reduced activity. We may not officially be in a recession (since a recession is generally defined as a fall in the gross domestic product in two successive quarters), but many economists consider us to already be in a recession.1 To the millions who have lost jobs and income, we're in a very painful period, no matter what you call it. And if you're at or near retirement, this recession may require pivoting your retirement investing strategy to account for what could potentially be a long, protracted bear market recovery. The market turbulence and uncertainty is scary—but now is the time to take action and prepare yourself for the coming months. It's important to understand how recessions work, how long they last, and how to potentially protect yourself and your family from long-term damage to your assets and security. We can help you with our free guide2: The Economy is in Recession: 5 Insights to Navigate Your Way Through It If you have $500,000 or more to invest, get our free guide today. You'll learn the most scope and impact of recessions, and get our viewpoint on the most important moves you can make to weather this one. Don't wait—get this guide today. Ready to get serious about pursuing your financial goals? Call 1-800-701-9830 today, or schedule a time with a Zacks Wealth Advisor. 1 What Is a Recession, and Are We in One?, MONEY, May 13, 2020. 2 Zacks Investment Management reserves the right to amend the terms or rescind the free The Economy is in Recession: 5 Insights to Navigate Your Way Through It offer at any time and for any reason at its discretion. Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. Zacks Investment Management, Inc. is a wholly-owned subsidiary of Zacks Investment Research. Zacks Investment Management is an independent Registered Investment Advisory firm and acts as an investment manager for individuals and institutions. Zacks Investment Research is a provider of earnings data and other financial data to institutions and to individuals. 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