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Andreas Steno Larsen, founder & CEO, highlights that stock market peaks generally occur several days before a recession begins.
He refers to historical data, noting that in July 1990, the market peaked 11 days before the recession began when Iraq invaded Kuwait and oil prices surged.
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Larsen has previously advised that Wall Street should focus on real-time risk assessment rather than relying solely on Federal Reserve signals. He has also proposed that the Fed allow dissenters to publish their decision rationales alongside policy statements for added transparency. His recent remarks build on these ongoing calls for clearer market signals and improved risk analysis.