Tuesday, January 12, 2016

Is the Market Swoon Signaling Recession?

It's hard not to wonder: Is the stock market telling us something? True, the market's record in forecasting recessions is horrendous. Stocks often move according to whim or fad. But just because the market is wrong much of the time doesn't mean it's wrong all the time. Could last week's turbulent trading be one of the times it's right? By Friday's close, stocks had dropped 6% for the week, a paper loss of $1.5 trillion, says Wilshire Associates. Are we staring at the next recession?

Read more at Real Clear Markets
(Hat tip: KimR)


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