2024 recession ‘could still materialize,’ advisor says

What should investors still be cognizant of in the markets as the Federal Reserve makes sense of how to implement interest rate cuts in 2024?
Providence Financial & Insurance Services Founder and President Anthony Saccaro details the best way to approach dollar cost-averaging investment strategies and breaks down the outlook on a recession next year.

“”We still have an inverted yield curve, we can’t forget, inverted by about 50 points, and that’s always been a good predictor of recessions,”” Saccaro tells Yahoo Finance. “”So someone with cash on the sidelines shouldn’t just try to find that one moment in time. That’s a fool’s errand, trying to figure out, ‘Okay, I’m going to put it all in.””

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