Possibility that Recession has already started… and therefore the fall from the peak in share markets worldwide.
Stock Market Indices – Date of All time high so far.
S&P 500, DOW – July 31, 2023
NIFTY, SENSEX – September 15, 2023
NIKKEI 225 – September 15, 2023
Shanghai Composite Index – September 15, 2023
[Source : Yield curve – Wikipedia ](https://preview.redd.it/qbb0z02abpyb1.png?width=1215&format=png&auto=webp&s=1951f83834d9594e352d2e3b71e9af571cd4d1c4)
From a US Point of View.. For the extent to which inversion that is shown here in this table above from Oct, 2022. Considering that the average lag from the time of inversion for the recession to begin is 1 year.