3 Signs that a Recession is Looming
By: Steve Smith
There are signs that the stock market’s next recession might begin soon. And recessions are accompanied by bear markets.
Many companies earnings this quarter still showed growth but at a decelerated rate on a year-over-year basis. They also point out the U.S. is still expected to maintain a positive GPD north of 2.5% throughout 2019.
Armed with these couple of data points, it could be believed a recession is still a few years away. Bear markets rarely occur unless the economy goes into a recession, and therefore an argument can be made that the bull market in stocks should also continue.
But there are growing growling sounds from a variety of other markets that suggest is coming sooner than the stock market expects…
1.Commodity prices. Key materials such as oil, copper, and steal are in bear markets, that is down at least 20% from their 52-week high. These are highly sensitive to economic conditions and their price weakness indicates…
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