Reported 2 months ago
According to Greg Ip, Chief Economics Commentator at the Wall Street Journal, the stock market has a strong track record of predicting recessions, with significant market declines often preceding economic downturns. However, he notes that not all sharp drops in the market lead to recessions, indicating that while the market is a useful indicator, it can also produce false alarms. Currently, he does not see signs of an impending recession.
Source: YAHOO