<prompt> Human: Ed Yardeni is saying the next recession starts March 2019 so what are the best things we can do between now and 2019 to prepare financially?  <response>: The next recession is bound to happen at some time, but neither this guy, nor anybody else, knows when. I especially distrust his analysis because he solely bases it upon the time frame of expansion and expecting it to be the average of the past lengths of expansion. This is an absurd way to predict anything with any amount of accuracy, especially considering the variance in the lengths of previous expansions. In general, I would just stay the course. Dont pull money out of the market because it drops, dont do anything crazy on a whim. Cut back spending, and have an ample savings. Prepare for longer periods of unemployment, and wait for recovery. Its not the end of the world when a recession hits. 