Stock Market Crash 2024? 3 Predictive Metrics That Suggest a Sizable Downturn in Stocks Is Forthcoming
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Three predictive metrics suggest a potential stock market crash in 2024. The first metric is the decline in U.S. M2 money supply, which has historically correlated with periods of double-digit unemployment and economic depressions. The second metric is the longest yield-curve inversion of the modern era, which has preceded every U.S. recession since World War II. The third metric is the high valuation of stocks, as indicated by the Shiller price-to-earnings (P/E) ratio, which is currently more than double its historical average. While these metrics do not guarantee a stock market crash, they serve as cautionary indicators for investors.

#StockMarket #Crash #PredictiveMetrics #UsM2MoneySupply #YieldcurveInversion #ShillerP/eRatio

https://www.fool.com/investing/2024/06/30/stock-market-crash-2024-3-metrics-sizable-downturn/