Markets' Monster Rebound // Redefining a Recession // $26 Billion Settlement in Opioid Crisis - 7/20 (Hour 1)

The Financial Exchange Show - A podcast by The Financial Exchange Network

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(0:27) - The Delta variant of COVID-19 drove markets to their worst day in months on Monday. However, it's a completely different story today as markets are rallying across the board. Can we expect to see volatility such as this in the short-term?(13:06) - An economic recession is defined as two consecutive quarters with negative growth. Contrary to this, the two months of negative growth at the start of the pandemic last year has been labeled as a recession, even though it technically ended in April.(24:54) - The Biden Administration has proposed implementing significantly harsher penalties on larger hospitals that don't make their prices public. (34:09) - A number of drug companies are expected to officially reach a $26 billion settlement with U.S. states for their role in the opioid crisis. How much responsibility are these companies taking for the crisis?