Reported about 2 months ago
Wall Street's major stock indexes have surged since 2023, but a notable predictive indicator from the NY Fed suggests a potential U.S. recession is looming, with a 56.29% probability by mid-2025. This indicator follows a historical pattern where prior yield-curve inversions have consistently preceded recessions. While economic downturns are inevitable, they often provide long-term investment opportunities as the economic cycle favors prolonged periods of expansion.
Source: YAHOO