Are U.S. consumers preventing a recession? FWD Bonds chief economist Chris Rupkey shares his thoughts on what economists are calling our “weird economy”. You can lessen your recession worries by preparing your portfolio now. That’s according to CFP Tony Drake, who offers historic perspective on what to expect. As we age, we may be more vulnerable to scammers. There are ways adult children can protect their parents, as James J. Ferraro, JD, explains.

A Weird Economy That May Or May Not Become A Recession — “Net, net, consumers are still spending their hearts out, which keeps the recession from becoming a reality,” according to FWD Bonds chief economist Chris Rupkey. The “weirdest economy ever” may end up dodging recession. Maybe. Read more…

Is A Recession Looming? Why History Says We Shouldn’t Panic — From rising interest rates to battle growing inflation and supply chain issues that don’t show any hint of resolving, warning signs of a recession are becoming hard to ignore. Despite the state of our current economy, there are many reasons not to panic about a possible recession. Read more…

The Best Way To Protect A Parent From Scammers — Adult children worried about their parents’ ability to spot and avoid fraud have several options to help protect them, including a durable power of attorney, a guardianship and a revocable trust. Which might be best for your family?  Read more…

 

John R. Day, Bill Ennis, and Matt Heller

Disclosure – The articles mentioned in Mid Week with Day & Ennis are for information and educational purposes only. They represent a sample of the numerous articles that the firm reads each week to stay current on financial and economic topics. The articles are linked to websites separate from the Day & Ennis website. The opinions expressed in these articles are the opinions of the author and not Day & Ennis. This is not an offer to buy or sell any security. Day & Ennis is under no obligation to update any of the information in these articles. We cannot attest to the accuracy of the data in the articles.