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I prefer the expression “dead-cat bounce”.
by fmajid 3y ago
I prefer the expression “dead-cat bounce”.
- dragonwriter 3y agoA dead cat bounce is a short rebound that is a brief interruption in a decline, the US economy has been in an expansion for more than three years since the extremely sharp, extremely brief early-2020 COVID recession. Whatever the current condition is, its not a dead cat bounce. (The recent change isn't fron decline to growth, its fron a broad public expectation of future decline to more positive forward expectations.) I suppose you could try to argue its a dead cat bounce in the future expectations component of sentiment rather than in the econony itself.
- throwaway5959 3y agoTo people who voted for Donald Trump in the last election, the economy crashed hard in January of 2021. It’s only gotten worse for them. This is of course nonsense, the economy hasn’t registered less than 1% annual growth the whole time, but feelings matter more than facts to people it would seem. https://images.app.goo.gl/NkTBByuiRr1H4ZxX6 https://images.app.goo.gl/NkTBByuiRr1H4ZxX6