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2014 gdp (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.

Click image to enlarge.

Chart courtesy of ElliottWaveAnalytics

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