For example, the most recent bear market of 2008 is considered to have started on October 9th, 2007when the Dow Jones Industrial Average was 14,164. It then ultimately fell to 11,100 by July 11th, 2008 which is the 20% decline which defines a bear market in today’s sentiment. Recession?
The NBER traditionally defines a recession as “a significant decline in economic activity that is spread across the economy and lasts more than a few months.” However, it notes that all three conditions don’t need to be fully met in every case, as the extent of one factor can outweigh...
In a nutshell, most states in the US have all chosen to share information about traffic violations, including those that occurred in a state different than the one the driver is from. So trying to simply ignore a violation in another state, won't work. Unless it's related to one of the...
This was not the first time that someone attempted to make a joke explanation about the difference between arecessionand adepression; these jokes (using a very broad definition of the wordjoke) go back to at least the 1930s. Everyone wants to know the difference between a depression and a ...
What are those black cables that are occasionally stretched across the roads of New York? There are several different theories as to what these tubes represent and what their function is. Many think that they can track your speed and if you are over the limit you will get a ticket in the...
What Is a Recession? TheNational Bureau of Economic Research(NBER) – a private, nonprofit research organization that tracks the start and end dates of recessions in the U.S. – defines a recession as a substantial downturn in economic activity that lasts over a number of months. A recession...
If you have been walking around Tri-Cities this fall, you have probably suddenly run into swarms of these small white bugs
Discover what defines a modern ERP solution and how cloud ERP drives business agility and innovation. Get the guide Why is Financial Management Important? 5 best practices to automate your financial close An automated, connected financial close is critical for delivering timely, accurate reporting to...
With the possibility of a recession always looming, it’s worth considering adding precious metals like gold to your retirement planning. What Is a Gold IRA Rollover? A rollover IRA is a term for an individual retirement account (IRA) that is funded by moving funds from a 401(k), 403(b...
Low unemployment:A lowunemployment rate, commonly known as the U3 rate, defines the number of people who are willing and able to work but unable to find gainful employment. They must have sought work in the last four weeks. The U.S. Federal Reserve (The Fed) estimates a normal unemploymen...