Annuities Can Help Recession-Proof Your Client’s Investments

September 17, 2019 by Philadelphia Inquirer

An economic recession is defined as two consecutive quarters of negative economic growth. The U.S. economy has experienced 10 recessions since 1950, according to the National Bureau of Economic Research.

Does this mean stock prices drop also? Not necessarily.

The most severe was the Great Recession of 2008-2009, and the mildest was 2001, according to Dan Roccato, president of Quaker Wealth Management in Moorestown, N.J.

On average, the market declines 5.3% during an economic recession. The worst drop totaled a loss of -36.4% and the stock market’s best gain totaled +16.6%.

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Originally Posted at InsuranceNewsNet on September 16, 2019 by Philadelphia Inquirer.