There have been 60 S&P 500 corrections including the most recent one, according to Deutsche Bank analysis.
Historically, in 12% of corrections, a recession had already begun in the previous 12 months.
32% of the time a recession took place within the next 12 months.
In 56% of corrections, the US avoided an economic downturn within the next 12 months.
In other words, market corrections are only accompanied by a recession ~44% of the time.
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