Based on history, the stock market is pricing in a recession and maybe something more ‘onerous’

A grizzly bear roams through the Hayden Valley in Yellowstone National Park in Wyoming.

Jim Urquhart | Reuters

The market’s blistering sell-off over the last month is so bad that investors have already pretty much priced U.S. stocks as if the economy is headed for a recession, based on a history of past declines around economic downturns by RBC.

The median and average recession-related…

View On WordPress