FYI: When the price of oil jumped 15% in a single weekend last month, some analysts started using the term “economic shock.” What does that mean, and how is it relevant to investors now?
Economic shocks are more than just a change in the markets. The event needs to have a major economic impact—and be a surprise, says David Ranson, research director at analytics company HCWE & Co.
Regards,
Ted
https://www.wsj.com/articles/what-is-economic-shock-11570413600