- Mortgage delinquency rates pick up.
- Middle income luxury good consumption spending goes down.
- As wages are cut and as jobs get slashed, people retool, reskill, retrain and hope to attain new employment.
- Off-price discount retailer selling household items for $1 shoots up in sales. Pawn Brokers also experience shoot up in sales.
- Passive Investing cash flows heading into the indexes reverse as wages are slashed, jobs are cut, and as people pull OUT of the index versus investing more heavily. This means major price moments in the markets which also means volatility goes through the roof. This is exacerbated by Price Discovery being erased from the market.
A common answer to the question of how to invest during a recession seems to always come up. Retail investors seem to think that they will simply have to buckle down and
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