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Stock impact report

With recession fears rising, here's how to find stability when Wall Street has you on edge [USA TODAY]

Morningstar, Inc. (MORN) 
Company Research Source: USA TODAY
With recession fears rising, here's how to find stability when Wall Street has you on edge CLOSE CONNECT TWEET LINKEDIN COMMENT EMAIL MORE Watching a one-day, 800-point bloodbath on Wall Street gives even the most sophisticated investor reason to come unhinged for a little while. Is a recession around the corner? Or a year or more away? Just how far can the stock market — which has been roaring along for much of the summer — tumble? The Dow Jones industrial average closed at a record high of 27,359.16 points on July 15 — a 17.3% year-to-date gain. By Aug. 14, the day of the 800-point drop, the Dow had fallen to 25,479.42 points, representing a 6.8% decline in a month. Who's got the stomach for that? It's time to regain your financial footing, step back and decide what moves make sense if you're worried about the next recession. Here are questions to consider: Recession watch: 6 financial moves to make when the economy slows down Planning ahead: A decade after the big one, what kind of Show less Read more
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