[Red6]

There are always sectors or markets on the decline, even when the general trend line is up.

Recession is by definition two consecutive quarters of negative GDP growth. Anyone who states we are in a recession does not know the meaning of what that term means. Words have meaning, despite what the media thinks.

[TCats]

Agree on the definition of ‘Recession’. I guess it just depends on whose measurements are accepted. I'm not a conspiracy nut, have an MBA from a very good school, am a CPA and have worked for several International Consulting Firms. I simply do not believe what the Gov’t is throwing out, especially about inflation.

I think we have been in a Recession for awhile. The statistics will eventually catch up.

[SlapHappyPappy]

Words have meaning.

So does the phrase “arbitrary definitions”.