the.com/downturn
The economy's way of reminding everyone that gravity applies to portfolios too.
means A decline in economic or business activity, when growth slows, markets fall, and the general direction of things points stubbornly downward.
from A plain English compound of "down" and "turn" — the moment a curve that had been climbing turns and heads the other way. "Turn" comes from Old English "turnian" (itself borrowed from Latin "tornare," to turn on a lathe), and pairing it with "down" to describe a reversal in fortunes is a relatively modern usage, blooming alongside the language of economics and stock charts. The mirror-image "upturn" travels with it.
- word origin
- Borrowed from elevators and roads before money
- official name
- Two negative quarters earns the word recession
- buying chance
- Fortunes are quietly made when prices crash
- market mood
- Bear markets average shorter than bull runs
great depression — us economic collapse 1929-1939 with unemployment reaching 25%
dot com crash — nasdaq lost 78% of value 2000-2002 as tech bubble burst