Skip to content
Richard-Devine

Richard-Devine

Food 100% guaranteed

Primary Menu
  • food restaurants
  • Food & Cooking
  • Technology
  • Real Estate
  • health
  • Sports
  • About Us
    • Advertise Here
    • Contact Us
    • Privacy Policy
    • Sitemap
  • Home
  • Fears of Recession? Here Is What You Should Be Doing
  • food restaurants

Fears of Recession? Here Is What You Should Be Doing

By Damaris J. Dickerson 11 months ago

[ad_1]

Fears of Recession Here is What You Should Be Doing

We have been hearing a lot from our community about whether they should be buying, selling, hiring, firing, etc. Nobody is quite sure what they should be doing. First and foremost, just take a moment to breathe.

Fears of a recession are broadcast all over the media, with factors like higher interest rates, inflation, and the decline of the stock market weighing heavily on everyone’s minds. We teamed up with ITR Economics to get the firm’s take on the economy and help people and businesses plan ahead for the future.

<< Learn more about our workshops focusing on implementation and strategic business planning. >>

 

Stock Market Woes 

Interest rates are continuing to rise as a response to the inflation we’re experiencing. The S&P 500 also declined 13.3% from year-end 2021 through May of this year, further adding to anxiety levels. Despite all of this, ITR Economics has forecasted a “soft landing” for the economy and is sticking to that forecast. 

 

 

What is a Soft Landing? 

ITR Economics defines a soft landing as when an industry, market, or company goes through the bottom of the business cycle with its rate-of-change staying positive. In this case, the GDP rate-of-change is expected to remain positive by a razor-thin margin. Some specific industries will in fact see actual decline, with their rates-of-change descending into negative territory. 

Using ITR’s terminology, the rate-of-change for some businesses and the economy at large is in Phase C, Slowing Growth, and will transition back into Phase B, Accelerating Growth, rather than going into a recession phase.  

Those familiar with ITR’s Trends Report™ will also recognize the phases of the business cycle. 

 

3 Reasons Why ITR Economics Is Not Forecasting a Recession 

Number 1Businesses are still going strong albeit at a milder rate of rise. There is a lot of backlog to be caught up on, which means a lot of revenue has yet to be realized. In addition, rising costs haven’t stopped consumers from spending money.

When people are buying at a healthy pace and businesses are not in financial trouble, ITR Economics sees no reason to call for a recession.

 
Number 2History has shown that when the S&P 500 has a significant drop, a recession doesn’t necessarily follow.

The stock market can go through ups and downs and not correlate with the economy.

 

Number 3The consumer is financially healthy, with a low debt service-to-income ratio and rising personal income (excluding transfer payments such as stimulus and tax credits).  

 

 

 

Conference AdEmotional Toll of Recession Fears 

“Recession” is a scary word for many, as thoughts of 2008 re-enter people’s minds. Fear is one of the most powerful emotions, but you can’t let emotions affect your decision-making.  

ITR Economics produces its forecasts with an unemotional and unbiased perspective, helping the firm achieve its 94.7% accuracy rate at one year out. ITR focuses on what the data says, not a gut feeling. 

Services like ITR’s Insider™ membership empower business leaders with the most accurate economic insights, helping many mitigate risks and make profitable business decisions. 

 

Question Mark What Should My Business Be Doing Right Now? 

 

ITR believes the higher rates shouldn’t discourage borrowing, if you believe paying that interest is worth it. It doesn’t seem that the time to hold cash is here quite yet; ITR continues to believe now is a good time to continue to invest in your business, since labor shortages are not going away, supply chains will improve, and the war’s impact on the US economy will start to normalize.  

There are many factors currently in play that will impact where the economy is headed, but with ITR Economics’ various consulting programs, your company can receive reliable foresight to help with your business planning. 

In a recent blog titled Delaying Due to Pessimism Will Cost You, ITR Economics President and Speaker Alan Beaulieu notes that businesses may struggle most if those in charge are hesitant. He also says leaders who wait will be playing catch-up for years to come. 

“A decisionmaker who is uncertain or pessimistic will tend to ‘keep their powder dry’ as they wait for a better day,” Beaulieu said. “The decisionmaker who looks at the correct indicators will act before the one who is holding back.” 

ITR Economics is holding to its forecast for a soft landing but will continue to monitor the economy closely. Don’t allow media headlines to control your emotions. Rather, keep an eye on what the data tells you and be ready to act for each phase of the business cycle.  

 


 

Looking to stay ahead of your business? Attend our event on strategic planning. Walk away with tools, insights, and an actionable plan to make next year a success.



[ad_2]

Source link

Tags: A Food Affair, A Food Chain, A Food Italy Is Famous For, A Food Web, A Foodborne Illness Is A Disease That, A Foodborne Illness Is A Disease Transmitted, A Foodborne Illness Outbreak Occurs When, A Foods, B Food Dishes, B Food Grade, B Food Items, B Food Logo, B Food Names, B Food Near Me, B Food Rating, B Food Science Co. Ltd, C Food Crush, C Food Names, C Food Rapper, C Food Shack, Food Addiction, Food Allergy, Food Allergy Symptoms, Food Allergy Testing, Food And Drug Administration, Food And Wine, Food Around Me, Food Aversion, Food Bank, Food Bank Of The Rockies, Food Banks Near Me, Food Baskets, Food Bazaar, Food Chain, Food Chain Definition, Food City, Food City Ad, Food City Near Me, Food City Weekly Ad, Food Coloring, Food Court, Food Delivery Near Me, Food Lion, Food Lion Near Me, Food Near Me, Food Near Me Open, Food Network, Food Open Near Me, Food Poisoning, Food Stamps

Continue Reading

Previous Magnaghi’s new book explores Upper Peninsula food and restaurants | News, Sports, Jobs
Next New Iowa law prevents ‘pirating’ from food delivery apps
May 2023
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
293031  
« Apr    

Archives

  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • March 2020
  • April 2019

Recent Posts

  • Creamy Starbucks Salted Caramel Mocha Copycat Recipe
  • How to Stand Out in a Competitive Job Market
  • Almond Flour Sugar Cookies – Detoxinista
  • Haymaker’s Punch Recipe (Switchel) – Nourished Kitchen
  • Kencko Subscription Smoothie Review: Veggies and Fruit Have Never Tasted So Good

BL

Intellifluence Trusted Blogger

Tags

Food Near Me Now Food Near Us Food Network Recipes Food Open Food Open Late Food Open Late Near Me Food Open Near Me Now Food Open Now Food Open Right Now Food Options Food Pantry Near Me Food Places Food Places Near Me Food Places Open Near Me Food Preservative Food Processor Food Pyramid Food Quality Food Questions Food Quincy Food Quiz Food Quotes M Food Items M Food Logo M Food Mart Reno N Food Court N Food Items N Food Mart N Food Name N Foods N Foods For Thanksgiving N Food Stamps N Food Words O Food Dumpling O Food Gochujang O Food List O Foods O Foods Ltd O Foods Names O Food Truck O Food Tteokbokki P Foods P Foods For Babies P Food Stamps P Food Stamps 2022

getlinko

richard-devine.com | Magazine 7 by AF themes.

WhatsApp us