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Predicting an upcoming recession is like flipping a coin
Predicting an upcoming recession is like flipping a coin

The stock market has been dropping, but it's important to know the stock market isn't very accurate when it comes to predicting recessions. And it sure seems like that's the word being thrown around these days: recession. The fact is, bear markets in stocks lead to recessions only about 53 percent of the time. In other words, the stock market has about the same predictive value for recessions as a simple coin toss. Let that sink in!

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Investment, Money, News, Peek of the WeekLeif HagenAchievement Financial#recession, #cost, #costofliving, #pandemic, #stockmarket, #marketnews, #USmarkets, #shopping, #shortages, #data, #thefed, #federalreserve, #centralbanks, #banks, #bondmarket, #bonds, #stocks, #recovery
Employment exceeds expectations in vaccination nation
Employment exceeds expectations in vaccination nation
Money, Lifestyle, Community Involvement, Peek of the Week, World EventsLeif HagenAchievement Financial#unemployment, #employment, #blog, #moneymarkets, #stocks, #bonds, #stockmarket, #employm, #america, #americanworkers, #workers, #PEEKoftheWeek, #yields, #yield, #inflation, #stockprices, #vaccine, #vaccination, #coronavirus, #recession, #recovery, #economy, #fiscalstimulus, #federalreserve, #money, #savings, #financialindustry, #finance, #labor, #nasdaq, #dowjones