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  <title id="t">Markets usually fall before a recession is confirmed</title>
  <desc id="d">A recession is a broad, sustained fall in economic activity, often two consecutive quarters of shrinking output. It is an economic event, but fear-driven markets typically fall well before a recession is officially confirmed.</desc>
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  <text x="40" y="52" font-size="26" font-weight="800" fill="#0F172A">Markets Move Before the Recession</text>
  <text x="40" y="80" font-size="15" fill="#5A6578">A recession is an economic event, but fear gets there first</text>

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  <text x="120" y="168" font-size="12.5" font-weight="700" fill="#0284C7">market falls on fear</text>

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  <text x="300" y="142" font-size="11.5" fill="#5A6578" text-anchor="middle">market peaks, then drops</text>
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  <text x="560" y="142" font-size="11.5" font-weight="700" fill="#DC2626" text-anchor="middle">recession confirmed</text>

  <text x="430" y="346" font-size="13" fill="#5A6578" text-anchor="middle">The mood turns dark while the data still looks fine, so markets lead the recession, not follow it.</text>
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