Key Points The economy has largely avoided another larger, more impactful recession since the Great Recession in 2008. But there are challenges, including affordability issues and AI's impact on the labor market. If you are nervous, consider raising cash and evaluating your current holdings. These 10 stocks could mint the next wave of millionaires › Economic activity is fairly robust right now, in part due to the build-out of artificial intelligence (AI). So much so that the Federal Reserve felt confident enough to recently hike interest rates to rein in elevated inflation without being too restrictive on the economy. However, since the Fed initially began hiking interest rates in 2022, investors have been bracing for a recession.
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