Recession is defined as the period when the economic activities, i.e., demand and supply breakdown below the normal level of momentum in the economy. Gross domestic products (GDP) is used as a key indicator to assess the rate of growth of an economy. Quarterly data of real GDP growth provides a decent indication of the ongoing economy.
Bitcoin slump triggers warning of ‘trouble ahead’ for global markets
The cryptocurrency has shed about 4% in the past two days following a near 16% plunge in April, the worst monthly drop since Sam Bankman-Fried’s