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Speak of the Nasty R-Word" - Recession »

Posted by: MyWayOnNow 12 months ago

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From one end of Wall Street to the other, investors once again are muttering about the dreaded "R-word" - recession. Technically defined as a period when the country's gross domestic product shrinks for at least two quarters running, a recession is a nasty period for everyone from hedge fund managers to blue-collar workers.