History shows a U.S. recession will probably happen within 24 months – AOL Finance

The fear-mongering number crunchers predicting a U.S. recession within the next 24 months have history on their side.Since 1928, the S&P 500 Index (^GSPC) has fallen by more than 10% in 25 of the years before the start of a recession pointed out strategists at Goldman Sachs. In case you have lost track, the S&P 500 has slid 11% from its record high of 2,931 on Sept. 20. If an economic downturn begins in mid-2020, Goldman said historical data shows stock valuations would likely peak during the second half of 2019 and gradually decline into the recession.

Source: History shows a U.S. recession will probably happen within 24 months – AOL Finance

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