The prolonged recovery from the 2008 recession has a silver lining for those fearing another one. Liz Ann Sonders charts the predictors of recessions and looks into what the economy is facing now. In a period of market volatility, it’s helpful to know why short and intermediate declines are usually followed by a return to long-term trends. Alan Greenspan believes it has more to do with human emotions than economic forces, as he tells Schwab Advisor Services. A diagnosis of Alzheimer’s before age 65 is rare. But one in eight people age 65 and older start showing signs of the disease, and 45% of people age 85 and older have it, according to the Alzheimer’s Association. You can lessen the financial toll this can take on your family by preparing for the possible eventuality now. Kimberly Lankford covers the story for Kiplinger.

Every Picture Tells A Story: Recession Risk Up, But Not High–  The leading economic indicators weakened in August, but are not yet flashing a recession warning as Liz Ann Sonders of Schwab explains.  Yes, this has been a historically-long recovery of over seven years, or 86 months—which compares to the post-war average of 58 months.  But expansions don’t typically die of old age, they die of excess.  The excess is often in the form of inflation, monetary policy, capital spending, capacity utilization, debt, etc.  If there is one benefit to this recovery having been of the anemic variety is that it’s kept this excess in check. Read more…

Alan Greenspan: What History Shows Us About Market Volatility And Human Nature–  Stock returns, interest rates, and economic growth—what do they all have in common? According to former Federal Reserve Chair Alan Greenspan, they all ultimately revert to historical norms because of one immutable force: human nature. Read more…

Financial Planning For Alzheimer’s– Nothing can erase the emotional cost of this disease for families. But you can take steps now to stem the financial bleeding. Read more…

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John R. Day, Bill Ennis, Stephanie Davidson 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.