Well, we are going to get in the recession.

That's inevitable.

It's just a question of the length of runway between now and the next recession.

That's Liz Ann Saunders, senior vice president and chief investment strategist for Charles Schwab and company.

Today on Your Money Your Wealth, Liz Ann joins Alan Clopine's CPA CPA and Pure Financial Advisors'

Director of Research, Brian Perry, CFP, CFA to discuss the causes of recent market volatility,

the Fed Funds Rate, Rolling Fair Markets, and what investors should do in 2019 to prepare for

that inevitable recession. Plus, Joe and Bigel answer your money questions. If you're saving 55%

of your income, should you keep saving or have more fun?

Should you save for your kids college or your own retirement? And isn't deciding when to take

Social Security a lifestyle choice? And finally, how did the gurus fare with their 2018 market

predictions? Let's get things started with a quick look back at 2018. Here are Joe Anderson

CFP and Big Al Clopine CPA. Markets were down, bonds were flat, and 2019 hopefully will be better.

Let's your recap. U.S. markets were down 5.5% as a whole.

International markets were down about 15%.

Yeah, and collectively it was around 9.5% between international and domestic.

Emerging markets were down about the same 14.5% in global real estate.

So real estate around the world was down about 6%. The U.S. bond market

was flat in global bonds minus the U.S. So international bonds were up, actually 3%. So the

case of global diversification still holds true, but we had some positive correlation here. Right. You know what I mean?

So, U.S. stocks went down, international stocks went down, international stocks went down a lot more than U.S. stocks.

So in a sense they weren't quite correlated. Right. But the bonds, however, you got 3% on international bonds.

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