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Recession
A marked, broad contraction in activity. The shorthand is two negative quarters, but the official call weighs employment and income too.
What it isA marked, broad contraction in activity. The shorthand is two negative quarters, but the official call weighs employment and income too.Why an investor watches itA recession is bad for shares, yet fear of one can be good for them by pulling rates down. Those two forces overlap, which is why the market sometimes moves against intuition.
You Only Need to Win 54% of the Points to Beat the Market
A good investor is not the one who calls every move correctly. It is the one who survives the days they get it wrong, long enough to keep playing a game tilted in their favor.
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