7 Ways to Prepare for a Recession: An Investor’s Guide This article is excerpted from Tom Yeung’s Profit Protection newsletter. To make sure you don’t miss any of Tom’s picks, subscribe to his mailing list here . It’s Official. Experts Finally Agree About a Recession. On Wednesday, a Federal Reserve economist published a paper concluding that the U.S. economy has a “two-thirds probability of a downturn over the next two years.” JPMorgan Chase (NYSE: JPM ) CEO Jamie Dimon put it more bluntly: “That hurricane is right out there, down the road, coming our way,” the bank boss told analysts and investors earlier this month. “You’d better brace yourself.” These sudden revelations by regulators and CEOs echo what I’ve been saying since October 2021 : We’re in trouble. That month, Fed Chair Jerome Powell warned that rates could soon rise. I would recommend taking profits in cryptos like Shiba Inu ( SHIB-USD ) and Solana ( SOL-USD ) just as the asset class was peaking. But it’s not the time for regrets. Instead, with the probability of a recession still on the rise, it’s best to prepare for the turbulent times while keeping an eye out for profit opportunities.