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Is our Global Recession Model a contrarian indicator?

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Our global recession model, which remains in the high-risk zone, has typically not been a contrarian indicator for global equities. But after our model has shown a peak in the high-risk zone, equity market performance has historically been strong, as it's a sign that the economy is recovering. As of now, the evidence remains mixed that the global economy is bottoming.

Ned Davis Research | Economics | Global Focus | Weekly

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