Fool.com contributor and finance professor Parkev Tatevosian evaluates Block's (SQ +0.20%) prospects in the event of a recession.
*Stock prices used were the afternoon prices of May 27, 2023. The video was published on May 29, 2023.
Will Block Stock Be Devastated During a Recession?
The risks of a recession are rising in the U.S. as a result of aggressive interest rate increases by the Federal Reserve.
By Parkev Tatevosian, CFA – May 31, 2023 at 6:45AM EST
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About the Author
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.
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*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.