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by tootie 1471 days ago
Yeah, recession start and ends can only really be determined accurately in retrospect. And like you said it's marked by the decline meaning it starts when growth hits its high point and ends when it hits a low point. In terms "feeling" like a recession, it'll be more like midway through the descent until midway into a recovery. A stock market crash is frequently a leading indicator of a GDP recession though not always. We could be seeing the early signs of recession for the past six months, but we won't really know for a while.