Recession Started Last Thursday, Lasted Just 24 Hours, Analysts Suggest Shift to Financials

Recent discussions among financial analysts and commentators suggest that a recession, which reportedly began last Thursday, has been short-lived, lasting only about 24 hours. Observers noted a rapid shift in sentiment, with some declaring the recession 'canceled' as early as Tuesday. Financial and industrial stocks have shown an upward trend during this period, indicating a potential recovery. Analysts have humorously noted the fluctuating nature of the economic outlook throughout the week, with some suggesting a rotation from defensive stocks to financials. The swift resolution of this recession has sparked comments about its unprecedented brevity, with many referring to it as the shortest recession ever.