[quote=FlyerInHi]The economy is doing well but there are clouds on the horizon. Recession fears receded last year but are on the upswing again.
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I would think recession fear is a terrible indicator to watch for a real recession.
When recession fear drops, market will be irrational exuberance and then it will hit everyone’s head that we can never meet this unrealistic expectations.
By the way, Jeremy Grantham predicted years ago that this bull market will end with a melt up phase that kills all the rational bears, who have the right thesis but wrong timing.
