Guide to recessions: When is the next U.S. recession and how should you prepare for it?

That’s one of the most frequently asked questions we hear. And for good reason. The coronavirus outbreak has caused disruptions in unprecedented ways, sparking the fi rst bear market in 11 years. Although the full extent of its economic impact will not be known for some time, it's clear that the likelihood of a U.S. recession has increased since the start of the year.