Many Happy Returns cover image

Many Happy Returns

UK Recession: Investing During an Economic Downturn

Feb 21, 2024
Exploring the impact of recession on investments, wage disparities between US and UK, financial situations of Japan vs UK, global economic status indicators, importance of global diversification, difference between recession and depression, potential triggers for economic downturn
40:57

Podcast summary created with Snipd AI

Quick takeaways

  • An economic downturn does not necessarily spell disaster for investments, global diversification is key for stability.
  • Difference between recession and depression: minor growth rate changes vs. severe and widespread economic contraction.

Deep dives

The UK and Japan slipped into recession at the end of 2023

The UK and Japan experienced a recession in the last quarter of 2023, while growth remains weak in Europe and China. However, the speaker mentions that an economic downturn does not have to spell disaster for investments.

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