What is Economic Headwinds?
1.
Reason given by publicly traded companies while reporting poor performance to investors.
Hey Joe last quarter really sucked we should not have decorated our offices and written big bonus checks to ourselves, what should we do? No worries, I have an easy response, we just tell our investors that we hit economic headwinds and that is why profits are down.
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This guy is amazing. He's never off the dance floor apart from to get a drink... and when he gets the drink, it's only water!..