Jun 18, 2020
Not a V, not a U, not a W. Economist Dr. Bill Conerly predicts
a square root. When economists vary in their predicted drop in GDP
from 57% drop to an 8% drop, learn what Bill is watching to predict
the next phase as circumstances change.
Topics discussed in this episode:
2:37 The shape of the recession
4:59 Incomes are actually high
9:08 Uncertainty in economic forecasts
12:05 Maybe the owner doesn’t have their heart in it.
13:12 This is a time for reevaluation
14:34 The banker does not need to know the answers
About Bill Conerly:
Bill has a Ph.D. in economics and over 30 years applying
economics to business challenges. He worked for First Interstate
Bank rising to the level of Senior Vice President and has held
positions in economics and corporate planning at two Fortune 500
corporations. And for the past 10 years he has consulted for
companies large and small, helping them to make better decisions
through a better understanding of the economy.
He writes for Forbes Magazine and is the author of two books.
The first is 'Businomics: From the Headlines to your Bottom Line --
How to Profit in Any Economic Cycle."
His most recent book is 'The Flexible Stance: Thriving in a
Boom/Bust Economy." He is also a member of the Oregon Governor's
Council of Economic Advisors.
Articles on Forbes.com
Links to books:
Also available on Amazon.