Here's a little bit of financial slang for us this morning.According to Investopedia a Fox Trot Economy is: "A term coined by investment strategist Jeffery Saut that describes a period in which 'fast-fast' growth economic figures are expected to be followed by periods of 'slow-slow' figures.
The term refers to the fox-trot dance steps: Two fast steps followed by two slow ones."
No comments:
Post a Comment