U.S. economy just had a 2nd quarter of negative growth. Is it in a recession?
Reverse Betteridge&#x27;s law: Yes, this is a recession. You might not think it&#x27;s a recession, and you might <i>hate</i> the word, but the conditions have been met.<p>I&#x27;m not going to shed any tears on behalf of anyone near the top, they&#x27;re going to be fine. Despite their high positions, they won&#x27;t have a fall, unlike those already at the bottom.