‘Retirement is within my grasp’: I’m 57, my 401(k) is dropping and I’m feeling anxious about a recession. What can I do? - MarketWatch
1. GDP contracted 0.3%, signaling economic weakening but not yet a recession. 2. 60% of economists predict high chances of recession this year. 3. Historical trends show S&P 500 corrections averaging 14% decline. 4. Consumer staples and healthcare are recommended during economic uncertainty. 5. Analysts advise against panic selling; long-term investments are key.