What does bleed mean in I think it's going to be a slow bleed?
The big debate is what will happen next. Will the U.S. economy rebound or will it slide into another downturn?
"I think it's going to be a slow bleed," says Lindsey Piegza, chief economist at Stifel. "Right now, we're hoping for 1.5% growth on an annual basis. Next year, we could see 1% growth." She projects the U.S. will "just slowly slide into recession over the next couple of years."