<|begin_of_text|><|begin_of_text|><|begin_of_text|>It’s been almost eight years since the last recession ended in June 2009, Steve Rick, CUNA Mutual Group chief economist, explained in an interview with HousingWire.
With economists predicting the next two years won’t bring a recession<wm>, investors need a safe-haven haven to invest in when times get tough.
“Any significant downturn in the US GDP or housing markets will likely lead us into a recession.”  According to Rick, and to ease concerns, he recommends a diversification of assets to grow one's wealth, for its long term stability.
He advised his clients at CUNA Mutual to keep their investments away from risky assets. Instead, it’s better to invest in stocks and bonds, he suggests.
For a more</wm> detailed explanation, refer to the article published by the Mortgage Market Newsletter, published in MoneyWeek magazine.
