2024 recession ‘could still materialize,’ advisor says
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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 […]