spx and recessions (1)

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SPX And Recessions

Given today's big GPS miss (-2.9% vs. expected -1.8%), I felt we should take a look at the historical performance of the S&P500 when it comes to recessions.  For all of those who harp that the stock market is not the economy, past reactions to recessions is certainly interesting.1290765?profile=RESIZE_1024x1024

Click image to enlarge.

Chart courtesy of ElliottWaveAnalytics

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