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U.S. stock futures fall in shortened session as China data reinforces global slowdown fears

Sly... You are looking at lagging indicators, not leading indicators — in fact some financial analysts think the world is already in a recession. Quite often we don’t know that a recession has started until 6 months later... hint: the market is a leading indicator, not always right, but often it is. From investinganswers dot com: “Lagging indicators do not lend themselves to forecasting. Examples of lagging indicators include company earnings and levels of unemployment.”