These articles on the “coming down turn” are written in such a way that they seem so matter of fact. The article basically says that they had people study past

These articles on the “coming down turn” are written in such a way that they seem so matter of fact. The article basically says that they had people study past recessions and therefore the markers are there, but things in the real world don’t work like this at all. They say that the tax cuts extended the bull run for two years but now it’s over, as if they are 100% sure. Fidelity who, I guess, sponsored the study should follow its own advice that they give their customers “Past performance does not guarantee future results”. Therefore I just feel these people are shorting the market and trying to move things in their preferred direction. However, in reality no one knows what will happen next and no Model can tell us. There are so many variables at play right now in our modern economy and saying that there will be a recession in the future is like saying everyone has to die at some point.