A trough, in economic terms, can refer to a stage in the business cycle where activity is bottoming, or where prices are bottoming, before a rise.
Discover how Keynesian economics can stabilize economies by mitigating boom-bust cycles, as pioneered by John Maynard Keynes in transforming economic theory.
"Market cycles are like waves. You can’t fight them, but you can learn to ride them." – Howard Marks In the complex world of ...
In our opinion, it’s not the case that the US economy has avoided a recession, but rather that the current cycle has been elongated. We use the commodity/gold ratio (the Spot Commodity Index (GNX) ...