Is Not Broke – Recession Proof Wallet

The inflationary impact of higher energy costs can also tip the economy closer to a recession as consumers may cut back on spending when facing pain at the gasoline pump, making the Fed’s efforts of tightening monetary policy to fight price increases more difficult.

The debate over the the “Sell in May and go away” investing adage sprouts up every year.

As the midnight deadline approached for Congress to pass a continuing resolution that would temporarily fund the federal government, the prospect of a shutdown dominated market sentiment.