ARORA AMBASSADOR CLUB
RECESSION: WHAT YOU NEED TO KNOW TO GAIN AN EDGERecession Definition
The popular definition of a recession is two consecutive quarters of declining GDP.
Correct Recession Definition
A recession is called by NBER. They look at three D’s – duration, depth, and diffusion. NBER’s definition of a recession is not formulaic. They have significant discretion.
Important Historical Data
The podcast walks you through important historical data that is relevant.
Gain an Edge
The podcast helps you build the foundation you need to gain an edge in the markets as it relates to a recession.
Symbols: AAPL, GOOG, GOOGL, JETS, PG, QQQ, SPY, T, TGT, TSLA, TZ, WMT, XLE, XOP