Phoenix Investors Admin

A “Black Swan” event is the name given to the occurrence of something completely unexpected with an extreme impact. The most recent example is the COVID-19 pandemic, which all but broke a fragile global supply chain in 2020—a supply chain that is only just now recovering. This occurrence has resulted in dramatic shifts in supply chain management philosophies as industry professionals hope to build resiliency into their global networks and better prepare themselves to mitigate unexpected disaster the next time it strikes. Due to the ... Read More

The official definition of a recession says that the economy is in a recession if the country’s gross domestic product declines for two consecutive quarters. Under this definition, the United States entered an economic recession during the summer of 2022. However, some experts argue that low unemployment, record corporate earnings, and GDP growth in Q3 indicate that the U.S. is not yet in a recession. Unfortunately, whether we’re in a recession right now may be a moot point, as many economists agree that a ... Read More