We cannot call this downturn a recession, not yet anyway.
Many economists define a recession as two consecutive quarters of negative economic growth.
So far, we've seen lazy days but not one quarter of negative numbers for gross domestic product. Once you lose your job, it only makes sense to look at your bills and prioritize your payments based on the necessities. And if any group needs comfort, it's bear-torn investors. So, maybe the timing isn't bad for a new Ave Maria mutual fund.