### Comment:
A recession is 2 straight quarters of negative GDP growth - that's it. 
  
 If the stock market stays high during this, it does not mean the recession isn't happening So mentioning that we are 5% from ATH is largely irrelevant.

### REPLY:
With the P/E being so high, it is *extremely unlikely* that stocks will not correct sharply as soon as news of negative growth happens.

### END.