The wave of troubling economic news only seems to be getting worse.

 

Inflation isn’t subsiding, while the Fed’s interest rate hikes are causing loans and mortgages to increase. The price of fuel is skyrocketing, and rent is through the roof.

Investors are cautious about funding due to falling valuations and many companies have begun the dreaded process of layoffs.

 

To top it all off, the stock market has officially entered bear market territory for the first time since March, 2020. It’s no surprise that many economists are predicting a recession on the horizon.