Definition of Fox-trot economy:
A description of an expected pattern of economic activity. Like the ballroom dance steps of the foxtrot, periods of reported fast-fast economic growth figures are usually followed by slow-slow numbers and the cycle repeats over time. This flamboyant depiction was popularized by investment analyst Jeffery Saut.
A "fox-trot economy" refers to a pattern of economic growth where periods of rapid expansion are followed by periods of slow growth. Economic growth occurs when an economy's ability to produce more goods and services increases from one period to the next, which can result from such things as more workers entering the workforce or advances in technology.
The ability to grow an economy and create economic growth can occur rapidly or more slowly, and it may even decrease. Many different factors can influence the rate of growth in an economy, and the rate will usually vary over time. Although there are no concrete rules that accurately predict exactly how an economy will grow, patterns of economic growth can still be described, and the fox-trot economy is one such pattern.
How to use Fox-trot economy in a sentence?
- Macroeconomic volatility, such as during a fox-trot economy, can lead to overall lower rates of return on assets relative to periods of predictable, steady growth.
- Repeated economic shocks (positive or negative) can contribute to volatility in economic growth rates.
- A fox-trot economy is a period when the economy undergoes frequents shifts between faster and slower growth.
Meaning of Fox-trot economy & Fox-trot economy Definition