S&P500: It's The Beginning Of The Recessionary Bear Market
Source: SeekingAlpha
2025-03-06 13:06:22 ET
Summary
- The S&P500 had a major technical breakdown, which suggests a change of trend.
- The GDPNow estimates that personal consumption is stalling, which is a clear signal of a recession.
- Thus, the S&P500 is in the early stage of the recessionary bear market, where the total drawdown is likely to exceed 20%.
Key points
The recent selloff in the S&P500 ( SP500 ) is likely the beginning of the recessionary bear market. This means that, in my opinion:
- the S&P500 wall fall in excess of 20%, and
- the economy will slip into a recession.
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S&P500: It's The Beginning Of The Recessionary Bear Market
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