Outrageously Funny Word Dictionary :: Overgloomy

👉 Overgloomy is a term used in finance and economics to describe a situation where the market appears to be experiencing a downturn or recession, with many investors expecting a significant drop in stock prices. Overgloomy conditions are often associated with higher bond yields, reduced interest rates, and negative economic indicators such as low inflation, unemployment, and falling consumer confidence. This term is used by traders, investors, and analysts to predict the potential for a market downturn or recession.

overgloomy