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This Recession Indicator Predicts The Following Occurs: It Has Not Erred In The Past 58 Years

On the final day of 2023, both institutional and retail investors were filled with optimism. Last year marked a record high for the 127-year-old Dow Jones Industrial Average (DJI), while the growth stock-powered Nasdaq Composite (NASDAQINDEX: �IXIC) and the benchmark S&P 500 (SNPINDEX: