A Recession is Imminent? Do This Now.
Money Guy Show
Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors
4.7 • 3.1K Ratings
🗓️ 15 April 2026
⏱️ 62 minutes
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| 0:00.0 | So a lot of folks are saying a recession is imminent. What should you do? |
| 0:10.6 | Brian, I am so excited about this because if you've been paying any attention at all, it seems like bad things are coming. |
| 0:19.8 | There are a lot of people out there calling for a recession right |
| 0:23.0 | now. There's a lot of things happening goings on in the world that have people concerned. |
| 0:28.0 | And I'm excited that we can sit here and be the voice of reason. Well, I mean, let's face it, |
| 0:34.0 | we've got, when any time we have conflicts going on in the world, the social |
| 0:38.1 | economic stuff, the geopolitical stuff, it's just, there's weird stuff everywhere. And then |
| 0:44.6 | unemployment has popped up a little bit. The stock market, I mean, up, down, yeah, but depending on |
| 0:50.9 | what week we look at this. I mean, when we came up with this idea last week, it was actually underwater. |
| 0:56.1 | Then when we record this show today live, we're actually up 1%. |
| 1:00.5 | So it starts making you wonder what's going on. So surely somebody has this figured out. So off to save the day as we see this stat, according to the Wall Street Journal and Goldman Sachs, |
| 1:13.1 | is that Goldman Sachs has gone out there and put their reputation on the line here and says |
| 1:19.5 | the probability of a recession has increased by 30%. |
| 1:23.4 | 30% chance. |
| 1:24.8 | That's a pretty big number. |
| 1:25.9 | That's a big number. |
| 1:27.3 | It is certainly better than the odds that the house has in Vegas. |
| 1:33.1 | And so you would say, uh-oh, we should be worried. |
| 1:35.5 | We should be concerned. |
| 1:36.1 | If you're watching this, you probably notice a smile came across my face. |
| 1:40.3 | And you're like, well, why in the world would Brian smile about a, yeah, I speak in third person? Why would I be smiling about a recession probability going up by 30%? And the reality is, is because they don't really know. It's just a guess. I mean, whenever, I mean, they, uh, why is a zoo? 30%. You know, they don't really, they don't, they really don't know. I've been doing this long |
| 2:02.9 | enough that I've caught on to the reindeer games is that yes, it creates clicks. It creates |
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