Thursday, March 19, 2009

Today's Fly Or Die Commerce Report: Fox Trot Economy

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."

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