Posts Tagged ‘recession’
The Economic Recovery: 5 Data Points to Watch This Fall
This summer, the National Bureau of Economic Research declared the recession officially ended in April 2020. The global pandemic and resulting US lockdowns caused a massive, but short-lived, economic contraction lasting just two months… however, by many measures, our economy has yet to fully recover. Where are we currently in the economic recovery? Read on…
Read More >>>What’s Up with the Labor Market?
The April Employment Situation released on Friday left a lot of people scratching their heads. From businesses who are struggling to hire despite millions on unemployment to economists who expected 4x as many jobs to be added by employers, how can all be true at the same time? Many business leaders were quick to call…
Read More >>>Is Now the Right Time to Invest in a Home? Expert Insights
One of the best things to come out of hosting a daily LIVE Q&A for all of you on Instagram is the insights I get into your most pressing questions. And right now, lots of you want to know is this a good time to buy a house? Many of your concerns are colored by…
Read More >>>8+ Indicators to Watch for When Will The Economy Recover
Before the recession was even officially proclaimed, top of everyone’s mind was when will the economy recover. And now that it has officially been declared to have begun in March 2020, we are even more focused on the recovery. While our state governors, President Trump and now President-Elect Biden put together committees to work on…
Read More >>>10+ Things to Know About How Mortgages Actually Work
This quarter for the Family Finance Book Club pick, we read The Big Short by Michael Lewis, giving many of you a front-row seat and eye-opening read about how the mortgage industry nearly collapsed the entirety of Wall Street, taking Main Street down with it… but it also left you with lots of questions. Like,…
Read More >>>What Happens In a Recession: A History of 5 Major Economic Recessions of the Last Century
At the start of 2020, I was getting an increasing number of inquiries about whether we were approaching a recession. I put together a series of posts on major macroeconomic indicators that both predict (leading) and confirm (lagging) when the business cycle turns. Very soon thereafter, came widespread Covid-19 quarantines and their rapid impact on…
Read More >>>What Happens During a Recession
The last recession began more than 12 years ago. So for many young families, you may have never experienced an economic downturn as an adult. And to be clear, we haven’t officially been declared in a recession… yet. But as recessions are typically well underway before being declared, and given current leading economic indicators, I…
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