Semantics? Analysts unpack 'technical recession' as crypto markets recover

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Paradoxes of the market. As weird as it sounds, the US is in a 'technical recession' but metrics show investors are optimistic.

Bitcoin bull run ‘getting interesting’ as BTC price hits 6-week high

“For a President to insist there's no recession when the technical definition is met does make sense from a political standpoint. Better to allow people to argue semantics than to admit you've made the economy shrink.” “This recession is interesting because it is not accompanied by high unemployment or a significant drop in consumer spending, but there is no denying that GDP is falling and the Federal Reserve is successfully achieving their goal of destroying demand.”highlighted the seeming disparity

 

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