I was reading some information today about the pending recession and inflationary fears. What I found was really intriguing. One big question about our economy is whether or not we are in a recession at all. While we did reach the off-hand standard of two consecutive quarters of negative economic growth, there are other factors, such a strong labor market, that negate the idea that we are in a downturn. Also, according to a very interesting survey by Allianz Life, different segments of the population are responding to the possibility of a recession differently. UBS believes there is a 40% chance the US will enter into a survey by the end of the year, and different groups are preparing in very different ways. In today's episode of The Dr Boyce Breakdown, I explain the results of this survey, where our economy stands and how you can best prepare for any pending recession or economic downturn. You can find my podcast on Spotify by searching for The Dr Boyce Breakdown and also join us everyday at http://TheBlackFinancialChannel.com. #recession #inflation #Investing