How to Get Ahead During a Market Downturn

A recession can be the right time for several wealth-building strategies. Here are two possibilities to consider.

Dollar signs made of clouds float in a blue sky.
(Image credit: Getty Images)

First, there was the supply chain slowdown, then the inflation ramp-up, followed by the gas price explosion, and now, we’re staring down the real risk of recession. It probably should come as no surprise that this barrage of economic body blows finally tamed America’s long-running bull market.

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Matthew Helfrich, CFP
Partner and President, Waldron Private Wealth

Matt Helfrich is President of Waldron Private Wealth, a boutique wealth management firm located just outside Pittsburgh, Pa. He leads Waldron's strategic vision, brand and value proposition and overall culture of the firm. Since 2002, Helfrich has served in a number of roles including: Chief Investment Strategist and Chief Investment Officer, where he was instrumental in creating and refining Waldron's investment discipline.