Are Stocks Warning About a Coming Recession?
In just 13 trading days, the S&P 500 Index pulled back nearly 19% from its recent all-time highs, making this the fastest such move in stock market history. We all know why this happened, as concerns over COVID-19 (coronavirus) and potential economic fallout continue to grip investors around the globe.
The big question now is: Will a potential bear market in stocks usher in a recession? After all, stocks tend to lead the economy both into and out of recessions. “History tells us that the worst bear markets have taken place during a recession,” said LPL Financial Senior Market Strategist Ryan Detrick. “Now th... Read more