By Louis Navellier The market’s mantra in May seems to be “Bad News is Good News,” since it takes bad news to send the markets up. Specifically, it took a plunge in consumer confidence over food and energy costs, slowing job growth and decelerating wage gains, plus slower ISM manufacturing and service numbers (under 50, […]
Tag: Economic Depression
An economic depression is a period of sustained, long-term downturn in economic activity in one or more economies. It is a more severe economic downturn than a recession, which is a slowdown in economic activity over the course of a normal business cycle.