

10% so far unfortunately.
Recessions officially require a slowdown of an economy over a longer period of time. Usually the stock market has nothing to do with it, though it can be a canary in the coal mine for it.
A recession has more to do with unemployment rate rising, negative GDP growth and consumer spending indexes falling.
Essentially it’s just a fancy way of saying the economy is slowing down in every category.
The stock market is a rich person’s playground in this day and age mostly.
Rules for thee.