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Financial markets lead economic cycles by 6 to 9 months because they price future earnings, not current conditions. Stock prices represent the present value of all expected corporate profits, causing investors to buy during early recovery signals and sell before recessions fully materialize. While GDP statistics and employment reports describe the past, financial professionals continuously adjust valuations based on forward-looking indicators—manufacturing orders, yield curves, and margin forecasts. This explains why markets bottom during recessions and peak before expansions end
@algabukky Key events this week: Monday, Dec 29 • November Pending Home Sales data Tuesday, Dec 30 • Fed Meeting Minutes Wednesday, Dec 31 • Initial Jobless Claims data Thursday, Jan 1 • US Stock Market Closed, New Year’s Day • China's Silver Export Restrictions Begin Friday, Jan 2 • December S&P Global Manufacturing PMI data
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@algabukky GM folks Wish us green year close