The R-Word that Rhymes with Succession

There is a not-so-fun phrase you hear a lot when pundits talk about the state of the current economy. “We’re probably in a recession right now.” It doesn’t inspire a lot of confidence in the pundits’ understanding of the facts on the ground, does it? Having teed myself up, I guess I should say we’re probably in a recession right now, but this one is starting off unevenly, which gives businesses a chance to think through some of the things they want to put in place before the worst of it hits. What Exactly is a Recession? Let’s begin by…

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