Do you foresee a technical recession in the near future?

Have a balanced portfolio of stable blue chips, bonds, and gold.

It helps in period of recession, and also allow you to participate in growth if the economy is normal and growing.

There is this portfolio "lazy man portfolio" that works like this.

Yes it is just a matter of when. I'm moving my portfolio to more cash and income stocks.

Yes. That is my own opinion, not to be taken as serious financial advice :P

I am preparing now by keeping enough cash to start buying in when there is stock market recession.

For my own business, i shift many of my products to be more recession proof, and cheaper style.

You can start preparing by saving more in bonds, gold and other stable instruments.

Probably. But doesn't really matter to me. As long as I invest in solid businesses/companies that do not sway even though in recession whatsoever, I will only get excited to buy more of it! In the long term, a strong business always rises :)