The current situation can be described as a rolling recession, where different industries are being affected at different times. This term was coined in the 1980s when there was a sudden drop in oil prices, leading to a collapse in areas heavily invested in oil and gas drilling. Similarly, we are currently experiencing a rolling recession that resembles the one in the 1980s, but it has not yet developed into a widespread economic recession.

Watch more of this short video from “Can A Bad Recession Be Avoided? | Ed Yardeni”.

#shorts #shortsviral #short #industrial #industry #companies #business #recession2023 #recession #rolling #rollingrecession #facts #reaction #history #economy #oilprice #1980s #new #newvideo #daily #dailyvlog #wealthion #rich #money #global #world #different #financialcrisis #similarities #watch #follow #like #comment #subscribe #trending #popular #viral

At Wealthion, we show you how to protect and build your wealth by learning from the world’s top experts on finance and money. Each week we add new videos that provide you with access to the foremost specialists in investing, economics, the stock market, real estate and personal finance.

We offer exceptional interviews and explainer videos that dive deep into the trends driving today’s markets, the economy, and your own net worth. We give you strategies for financial security, practical answers to questions like “how to grow my investments?”, and effective solutions for wealth building tailored to ‘regular’ investors just like you.

There’s no doubt that it’s a very challenging time right now for the average investor. Above and beyond the recent economic impacts of COVID, the new era of record low interest rates, runaway US debt and US deficits, and trillions of dollars in monetary and fiscal stimulus stimulus has changed the rules of investing by dangerously distorting the Dow index, the S&P 500, and nearly all other asset prices. Can prices keep rising, or is there a painful reckoning ahead?

Let us help you prepare your portfolio just in case the future brings one or more of the following: inflation, deflation, a bull market, a bear market, a market correction, a stock market crash, a real estate bubble, a real estate crash, an economic boom, a recession, a depression, or another global financial crisis.

Put the wisdom from the money & markets experts we feature on Wealthion into action by scheduling a free consultation with Wealthion’s endorsed financial advisors, who will work with you to determine the right next steps for you to take in building your wealth.

SCHEDULE YOUR FREE WEALTH CONSULTATION with Wealthion’s endorsed financial advisors here:

Subscribe to our YouTube channel

Follow Adam on Twitter

Follow us on Facebook
____________________________________
IMPORTANT NOTE: The information and opinions offered in this video by Wealthion or its interview guests are for educational purposes ONLY and should NOT be construed as personal financial advice. We strongly recommend that any potential decisions and actions you may take in your investment portfolio be conducted under the guidance and supervision of a quality professional financial advisor in good standing with the securities industry. When it comes to investing, past performance is no guarantee of future results. Any historical returns, expected returns, or probability projections may not reflect actual future performance. All investments involve risk and may result in partial or total loss….(read more)

BREAKING: Recession News

LEARN MORE ABOUT: Bank Failures

REVEALED: Best Investment During Inflation

HOW TO INVEST IN GOLD: Gold IRA Investing

The term “rolling recession” refers to a situation where different industries are negatively impacted by economic downturns at different times, leading to a prolonged period of economic hardship. This phenomenon is not new, and has occurred throughout history.

One of the most famous rolling recessions occurred during the 1930s, with the stock market crash of 1929 leading to a decade-long period of economic hardship known as the Great Depression. During this time, industries such as agriculture, manufacturing, and construction were severely impacted, leading to widespread unemployment and financial hardship. The effects of this rolling recession were felt for years, and it wasn’t until the economic boom of World War II that the economy began to recover.

More recently, the global financial crisis of 2008 led to another rolling recession, with industries such as banking, real estate, and manufacturing suffering significant losses. The effects of this recession were felt around the world, leading to widespread job losses and financial instability. Many countries implemented stimulus measures and bailouts in an effort to mitigate the impact of the recession, but the effects were still felt for years to come.

In both of these examples, the rolling recession had a significant impact on the economy as a whole, as well as on individual industries. The effects were widespread and long-lasting, leading to a period of economic hardship for many people.

Today, the COVID-19 pandemic has led to another rolling recession, with industries such as travel, hospitality, and retail suffering significant losses. The widespread shutdowns and restrictions put in place to slow the spread of the virus have had a devastating impact on these industries, leading to widespread job losses and financial hardship.

The rolling recession caused by the pandemic has also led to a shift in consumer behavior, with many people turning to online shopping and remote work. This has had a lasting impact on industries such as brick-and-mortar retail, commercial real estate, and public transportation.

As with past rolling recessions, the effects of the current economic downturn are likely to be felt for years to come. It will take time for industries to recover, and the overall impact on the economy will be significant.

In conclusion, rolling recessions have been a recurring phenomenon throughout history, with different industries suffering at different times. The impacts are widespread and long-lasting, leading to a period of economic hardship for many people. It is important for governments and businesses to work together to mitigate the impact of rolling recessions and help industries recover.