Found NASDAQ site article with 4 signs that
"You might be a recession":
-If your S&P 500 average falls below 950...
Hit "floor" of 1100 Oct 4th;
-If your oil futures fall below $70/bbl...
Closed Oct 4th at $75.67; over $78.
-If your Copper price falls below $2.50/lb...
Oct 5th just above lowest 2.99 at 3.10/lb
-If your Cotton falls below 60 cents a pound...
Oct 5th up from low 94 cents to over a dollar.
This appears to be a very conservative assessment; I believe we'll be in a recession again by summer, due to sluggish sales, flat-to-worse housing market, and of course double-digit unemployment.
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