Worried about a recession? Here's 5 ways small businesses can weather a downturn

The recession talk has gotten loud.Chen Liu, on the Motley Fool, said recently: “If I were you, I would be very cautious about the stock market this year.” Why? “I am a firm believer in the October Effect. The October Effect is [the historical fact] that stocks tend to decline during the month of October.”
Similarly, Michael Wilson, the chief strategist for Morgan Stanley, is worried too. He pinned the blame on Trump’s trade and tariff war: “In the case of (tariffs] on China’s exports to the US, we are inclined to think this has the potential to tip the US economy into recession.”And finally, in a poll of 235 top fund and asset managers, Bank of America Merrill Lynch found that “recession fears among fund managers have risen to highest level in a decade.”

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