SMLL - Is The U.S. Stock Market Looking Through The Recession? History Has The Answers

On June 2, 2020, the National Bureau of Economic Research (NBER) declared that the U.S. economy had gone into a recession at the end of February. The end of the previous recession, the Global Financial Crisis, was June of 2009. The period from July of 2009 to February of 2020, 10 years and eight months, is the longest economic expansion on record.

2Q 2020 gross domestic product ((GDP)) growth, announced in late July, was -9.3%, or -32.2% annualized - far worse than any other economic decline.

The U.S. stock market seems to be looking

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