Warning! Your Economy is Receding!
It's time to take a break from technical analysis. The Market is getting hit really hard. So, let's talk about something that's not quite so bad--recession.
That's right. I said "recession."
Are we entering a recession? Maybe. Most of the time, the majority of economists and the government don't know we are in a recession until after they declare we are out of a recession or until they announce how we are pulling up out of a recession.
A recession is traditionally defined by two consecutive quarters of economic contraction.
There are two major warning signals flashing right now that show we may be headed for recession. Stay tuned to find out what they are...
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