Does a recession loom this year? Not if you listen to the stock market
U.S. market returns in the November-to-April period have not been negative, suggesting a recession is avoidable
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Open this photo in gallery:The November-to-April period this year is not turning out to be a bust for the stock market and the signal it gives is that the economy won’t be either, writes George Athanassakos.dickcraft/iStockPhoto / Getty ImagesShareSave for laterPlease log in to bookmark this story.Log InCreate Free AccountIs a recession unavoidable this year? Surging oil prices amid the Middle East conflict and cracks in private credit markets provide plenty of reason for concern.But I don’t think one will materialize - not in the United States, and probably not in Canada either. And that’s largely because of stock market performance so far this year and what history suggests it portends. Let me explain.
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