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Open original source ↗The table below shows how many days before the recession starts the stock market peaks. All the numbers are negative, meaning the stock market peaks before the recession starts.
In July 1990, the recession started 11 days later when Iraq invaded Kuwait. The price of oil went up 400%.
In 2020, the recession started 17 days later when the global economy was shut down because of a pandemic.
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So unless a Global crisis forms in the next couple of days, the stock market is telling us we are at a minimum several months away from a recession, if even then.
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The $SPX is at a new all-time high. In the last 100 years, there's never been a recession in the month that the $SPX is at a new all-time high. This signals the economy is fine, meaning inflation and higher rates should be the concern. https://t.co/Ke9DpKRA19
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