These Economic Indicators Portend a Stock Market Crash

These Economic Indicators Portend a Stock Market Crash

Due to the uncertainty caused by the coronavirus disease 2019 (COVID-19) pandemic, the first quarter of 2020 witnessed the quickest bear market crash in history. All told, the benchmark S&P 500 (SNPINDEX: ^GSPC) shed 34% of its value in just 33 calendar days. The broad-based S&P 500 is now back up for the year, with the tech-heavy Nasdaq Composite having logged more than two dozen record-closing highs since the March bottom.