The Bottom Line

Market Direction

Risk of Recession

2747

S&P 1-Month Forecast


What’s Driving the Market?   How Accurate is this Forecast?

Though the risk of recession is currently “HIGH” at 76.8%, economic indicators continue to point the market in an upward direction. The probability for recession decreased by 3.4% from the previous month and decreased 3.6% from 1 year ago. According to our model, the S&P is predicted to close at approximately 2747 by the end of the current month.

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