Turkey

Finance allah shmoop What is a dead cat bounce It

sounds like a dance move from the old west right

but it actually refers to a terrible situation when the

market plummets rebounds very slightly and then plummets again The

idea comes from the notion of dropping a cat off

of a high building It hits the cement dead bounces

a bit before then is a big wet thud Yeah

peeta no cats were harmed in the production of this

definition Thie market has fallen from five thousand twelve hundred

now it's at fourteen hundred and now it's back to

twelve hundred Yeah that uplift of two hundred points there

from twelve hundred fourteen hundred before it went back twelve

hundred which is the concrete that's the dead cat bounce

I'm not totally sure who came up with this term 00:00:50.247 --> [endTime] but wei have a pretty good idea