By Panos Mourdoukoutas Stocks hit multiple records this week, lifted by robust revenue guidance from tech giant Oracle, steady bond yields, and a flurry of IPOs that eased concerns over market valuation. Meanwhile, mixed inflation headlines and another weak labor market report, which reinforced the prospect of an imminent interest rate cut by the Federal […]
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.
