Wills, Trusts & Estates Prof Blog

Editor: Gerry W. Beyer
Texas Tech Univ. School of Law

Monday, November 19, 2012

Article on Investing in a Recession

MoneyRobert L. Moshman, Esq. (Attorney, New York and New Jersey) recently published his article entitled, Surviving the Great Consternation Investing and Elder Care in the Age of Recession, Wealth Strategies Journal (Sept. 3, 2011). An excerpt from the article provided by Wealth Strategies Journal is below.

                            "It's a recession when your neighbor loses his job; 
it's a depression when you lose yours." 
--Harry S. Truman

The time of the Great Consternation is upon us. The reality of the next potential recession has gripped the national psyche. 

In summary: Our nation is grappling with economic woes, layoffs, the debt ceiling, gridlock, a downgraded credit rating, and global market turmoil. Just toss in a dash of rioting in London for good measure and you have the makings of quite an unpleasant stew. 

Will this mean a major recession is upon us? When will it happen? How bad will it be? What should everyone do? 

Special thanks to Jim Hillhouse (Professional Legal Marketing (PLM, Inc.)) for bringing this article to my attention.


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