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How to Survive a Trump Recession: The Ultimate Guide


Published on 2025-03-15 06:00:54 - Newsweek
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  • Rosenberg listed three indicators people should monitor as signs of a coming recession: consumer spending data, initial jobless claims ("to gauge whether the rapid decline in hiring rates is now being followed by outright layoffs"),

The article "How to Survive a Trump Recession: The Ultimate Guide" from MSN Money outlines strategies for individuals to prepare for and navigate through a potential economic downturn during Donald Trump's presidency. It discusses the possibility of a recession due to various economic policies and global economic conditions. Key advice includes reducing personal debt, especially high-interest debt like credit cards, building an emergency fund, diversifying investments to mitigate risks, and enhancing personal skills or education to remain employable. The guide also suggests looking into government assistance programs, understanding your financial situation deeply, and possibly investing in sectors that might thrive during a recession, like utilities or consumer staples. Additionally, it emphasizes the importance of mental health, suggesting not to panic but to plan and adapt to changing economic landscapes.

Read the Full Newsweek Article at:
[ https://www.msn.com/en-us/money/other/how-to-survive-a-trump-recession-the-ultimate-guide/ar-AA1AY45Z ]