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- Five recession indicators that were flashing a warning sign about the economy have since retreated.
- Ned Davis Research said its Recession Probability Model has plunged to 2%, suggesting "minimal odds" of an economic downturn.
- "The reversal of these historically important indicators shows why it is risky to rely on a few indicators that support a particular view," NDR said.
Various economic indicators that suggested a recession was imminent not too long ago have since retreated, according to Ned Davis Research.
That means investors probably don't have to worry about an economic recession occurring any time soon. That's an about-face from just a few months ago when various economists and market strategists were still bracing for a recession.