Should You Buy Stocks in 2024 Despite the Greatest Recession Risk in Decades? Take Advice From Warren Buffett and Peter Lynch
A Federal Reserve forecasting tool currently puts the odds of a recession at 51.84% in the next 12 months. That may sound insignificant, but the forecasting tool in question has only given a reading above 50% a few times since 1960 -- the last time was four decades ago -- and each event either preceded or occurred during a recession.
The chart below shows the recession probability implied by the Fed's forecasting tool dating back to 1960. Areas shaded gray have been classified as recessions by the National Bureau of Economic Research. Notice that spikes in the recession probability curve have correlated closely with actual recessions.
Source Fool.com
National Cinemedia Inc. Stock
€0.31
-3.930%
Our community is currently high on National Cinemedia Inc. with 3 Buy predictions and 0 Sell predictions.
With a target price of 6 € there is potential for a 1845.53% increase which would mean more than doubling the current price of 0.31 € for National Cinemedia Inc..
