The phrase
"recession phase" refers to a period of time when the economy of a country is not doing well. It means that businesses are struggling, people may lose jobs, and the overall financial situation is not positive.
Full definition
In Patagonia we noticed a short readvance within a general
recession phase of the outlet glaciers around the early 1990s.
That's why you'll see Treasury rates fall during
the recession phase of the business cycle.
My finance portfolio got transformed after meeting Vipin, even after passing through 2 significant market crashes and
recession phases, it withstood well and kept paying a handsome return.
That said, only four percent of respondents said we are in
the recession phase and just seven percent said we are at the trough.
On the other side of the spectrum, the percentage of readers who feel the cycle is in
the recession phase has gone down from 6 percent in January to just 1 percent in February.
The share of responders who believe the market is in
a recession phase has also declined, to 3 percent in November, from 5 percent in October and 6 percent in January.