Bear Markets and Recessions Happen More Often Than You Think - The New York Times

The U.S. has been in recession 14 percent of the time since World War II. But being prepared can minimize hardship and even offer investing opportunities.

Despite policymakers best efforts, history shows that both bear markets and recessions are about as common as severe storms in New York. Learn to live with them, much as you do bad weather. The stoc… [+1664 chars]

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