The Near-Perfect Recession Indicator

Ken Fisher, founder, Executive Chairman and Co-Chief Investment Officer of Fisher Investments, reviews what he believes to be a near-perfect indicator investors can use to determine if a recession is near. While the stock market has sometimes falsely predicted recessions, Ken says a true business-cycle recession has never occurred without the stock market falling for several months beforehand.

According to Ken, if the stock market hasn't peaked and entered a decline lasting at least a few months, a recession likely hasn't started. Conversely, Ken notes the stock market also can indicate when better times are ahead, as the market typically bottoms and begins to rise months before a recession is over.

For more of Fisher Investments thoughts on the markets, visit us at https://www.fisherinvestments.com/en-gb.

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