Growing concerns about the threat of a recession have led to questions about whether beer and spirits consumption would be resilient during an economic downturn. Beer and spirits are an affordable luxury and a small portion of total spending, so volume is not likely to decline significantly.

Rising fears of an impending economic downturn have added to investors’ fears that things could continue to get worse. How can we overcome our feelings to make wiser investment decisions? This article will provide three crucial rules for surviving and thriving after the bear market.

Widespread selling has ushered in a real bear market. Energy stocks, which had been almost impervious this year, declined 17% last week. A silver lining is that a decent amount of bad news is baked into asset prices now, which should eventually usher in a period of high returns.

Stocks fell near bear market levels as the market lowered the odds that the Fed can successfully avoid a recession with the need to battle high inflation. While stocks likely decline past a bear market level, the rebound is typically explosive and happens before the economy recovers.

Last week’s jobs report contained hints that the economy’s best days are behind us for now. While an economic downturn will likely result from the Fed tightening cycle, the economy remains a distance away from recession. The markets have priced in an economic slowdown but not yet a recession.