Reported about 1 month ago
The Dow, S&P 500, and Nasdaq Composite may be headed for a decline according to a strong forecasting tool by the Federal Reserve Bank of New York, which indicates a 57.05% chance of a U.S. recession by September 2025. Historical data suggests that many market downturns follow such indicators, although the market has historically performed well overall, emphasizing the importance of a long-term perspective for investors.
Source: YAHOO