Stacy Francis Featured Article on Forbes Comparing 2022 to 2008
By: Stacy Francis
December 5, 2022
Stacy Francis, President and CEO of Francis Financial compares last summer’s economic downturn to the recession of 2008.
This summer, the economic downturn met a common definition of a recession: two consecutive quarters of negative gross domestic product. The most significant recession in recent history and one we remember all too well, of course, was the Great Recession.
Naturally, you might be inclined to compare what is happening today with then, and when you do, you find several differences in key economic drivers. So, what are those drivers, and what do they mean for investors?