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First Trust's comments on the likelihood (or not) of Recession

re·ces·sion

[rəˈseSH(ə)n]

NOUN

  1. a period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters: "the country is in the depths of a recession" · [more] synonyms: economic decline · downturn · depression · slump · slowdown · trough · credit crunch · credit squeeze · stagnation · stagflation · hard times

  2. astronomy the action of receding; motion away from an observer.



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