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 Recession
In economics, a recession is a business cycle contraction when there is a general decline in economic activity. Recessions generally occur when there is a widespread drop in spending.