Official numbers like economic recession gdp data is normally lagging behind the market.

If you practice the below, you will never make money from stock in a long run.  Its either you time your selling wrongly OR miss out on the rebound.  Always stay in the market is the key to long term growth.  As wise man say, timing the market is for fools.

Clearing stocks before the coming crash, what have I missed out in the analysis?

the market really gone haywire.

bad news but indices gone otherwise...

mind sharing which stocks youre invested in? would like to have a look

Markets trades to as per future expectations...
Many months ago, the US stocks traded based on insane earnings projections.
Without those rocket numbers (many implied CAGR profits of close to 30% ) , markets were simply pricey.
Then the trade tariffs came.
Profits started to slump and the market reacted in EXPECTATION of lower earnings...
Now we have the trade talks... which implies the possibility that profits declines could end....
Hence the markets .........

Perhaps this is proving CLEARLY again that you do not and should not attempt to time the market (LIKE ANTICIPATION OF A MARKET CRASH).....

Yes, of course, understanding and managing the risk is utterly paramount but shouldn't one understand the theory and risk of a particular strategy first? The strategy of clearing stocks assuming a crash would happen is simply predicting an event would happen. And such a strategy is simply risky itself as the user would most likely get it wrong by either exiting the stocks way too early or way too late.

And then recessionary data. Such data is lagging. The confirmation of recession might take several months after it has happened... or not.

If you are new to stocks and I have one and only advice. Paper trade or paper invest.. Many lose money because they don't have the patience to study in depth the markets and the trading or investing strategies... They just dive in.... and when they are wrong, they never admit they are wrong by cutting losses. They just sit and hope that the market will go up back to their cost and correct their initial mistakes... A 50% drop in a stock, would need the stock to double up just to recover their cost....

... er...

That company is one of the big sisters and yet it dropped by 55% in 2008 crash.

During recession, fundamental skeleton can still break down, though not as much as those not so fundamentally strong. Eg Maybank took a hit as well.

Just my 2 cents.

LOL better dont need say anything in that case..

sharing a counter which you sold will make people know who you are ? Ha

you are a funny man, preaching people about recession and saying you are not timing the market but contradicting what you say in the same sentence. Haaa

Of course that's true but that's only if and if the recession is proven to be true. Right?

The problem is the assumption that the recession will happen.......

That's why I ask for his stock which he exited, so we can see share knowledge and insight of his rationale as well. But oh well.. private.. lol

No harm I feel, but just to share knowledge

Saw a TV report recently and yes, it was on one of my favourite subjects,  the current touch and go volatile stock markets & economy. Ha.

Mentioned to review one's investment portfolio as we are now at the tail END of this EXTRA LONG CYCLE. Sensible and wise thing to do.

Try this quiz ….

Assume stock indices in the USA & Europe dropped by more than 13% overnight, what would you do the next morning?

AA
Stay calm and collected, do nothing, it will be OK days later. 
If the drop is too fast for me to react, I will stay put and do nothing. It may not be ok in days but months or years, will wait it out, no choice.

Wait for 2-5 days, get out if confirmed it is a real global crash (>20% in 2 or more major indices), stay put if it is just a correction. 
In reality,  you won't have the luxury of 2-5 days to confirm; for example look at last December Xmas drop. It caught everyone off guard. But if you have stay put, the market will go back to normal as it is now

CC
Start selling some or all shares. 
Nope, see above

DD
Contact your best friend or fund manager for advice. 
I think if you depend on others for opinions or decisions,  you may not have the knowledge & you may want to stick to index funds or etf only.  The market has an intrinsic tendency to transfer monies or riches from the unknowledgeable to the knowledgeable investors.

EE
Demand DTM or PH to freeze KLCI till this storm is over 

FF
Review your homework on your top 10 companies for investing when the prices are right. 
Yes, currently doing this, looking for stocks which were heavily discounted

GG
???
Don't play margin or borrowings, if not gg

Mind sharing your answer and why you selected that option? No right or wrong answer. Everyone is different, different situation, different needs, different views, etc.

Food/wine for thought …

LOOKING AHEAD is creating your own luck when preparation meets opportunities.

AWARENESS is the first step to improvement

ANALYSIS is the muscle of success

ACTION crosses the final hurdle to SUCCESS

. . . . . . .  ©   A . . S i m p l e . .  M a n

Ya, sometimes with problems when using mobile.

Don't quite get it which is your preference when there is a >13% dip in major indices though you have covered all.

Cheerio.

13% came from me. I used that in the scenario to see how people will react at the start of a storm.

If the inverted yield data is valid/applicable/normal distribution etc, then with

** 68% probability (1 standard deviation), the recession may hit us by May 2020
** 95% probability (2 standard deviations), the recession may hit us by Oct 2020

DISCLAIMER : Take the above with a tonne of salt.         

Tak tahu lah.

Disclaimer: I am not contradicting anyone here, my personal stance is pretty bearish. This is just for purely academic/discussion purposes.

https://seekingalpha.com/article/4251345-yi...me-highs-stocks  <--- talking about how inaccurate inverted yield curves are

I would say global banking health is at +5 now

Next economic crisis unlikely to be banks. Banks already learnt their lesson.
Last time anyone can simply get a loan. Now there is stringent background checks and improved accounting standards to provide better financial reporting.