Recession Risk: Rising Rapidly (Or, Could We Be In One Already?)
https://realinvestmentadvice.com/recession-risk-rising-rapidly-or-we-may-be-in-one-already/Recession risk is rising rapidly. In fact, it is possible that we may already be in one.
While such a claim may sound impossible, given that Q4-GDP was above 5% in terms of annualized growth, such would not be the first time such a turn occurred.
As I discussed in “Shortest Recession In History,” the 2020 recession lasted just two months. However, during those two months, the economy fell by 31.4% (GDP), and the financial markets plunged by 33%. Both of those declines, as shown in the table below, are within historical norms.
Is a recession happening or already happening? Interesting read about recessions.
