As I’ve watched my retirement portfolio value swing wildly up and down, I keep hearing in my head the iconic catchphrase from the campy TV show “Lost in Space.”
“Danger, Will Robinson, danger,” the robot says during one episode of the science-fiction series. The robot flails about waving his silver arms warning of impending doom.
It’s been that kind of week for investors.
One day the stock market is up: Dow surges on news that U.S. will delay some tariffs
And then it’s down: Stock losses deepen as key recession indicator sparks new alarm
It’s understandable why you may feel whiplashed and worried that you’re in danger of losing a lot of money as the stock market seesaws following some tweet by President Trump on his ongoing trade war with China.
And now comes the warning that there’s a good chance a recession is coming.