Based on my ongoing monitoring of the US economy, there are some potential risk factors that could contribute to a recession in 2023. These include a potential economic slowdown caused by rising inflation, increasing interest rates, and trade tensions with other countries. However, it is important to note that economic forecasting is not an exact science and unexpected events could also play a role.

If a recession were to occur in 2023, the severity would depend on a variety of factors such as the duration and depth of the decline in economic activity. Safe assets to store wealth during a recession include bonds and cash, as they are less volatile than stocks and other riskier investments. It is also a good idea to diversify your portfolio to minimize risk during uncertain economic times.

Overall, while there are some potential risk factors that could contribute to a recession in 2023, it is important to maintain a long-term perspective and a diversified investment approach to weather any economic downturns.
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