US Economy: All Systems Go… Or a Failure to Launch???

With most states now in full-swing with their re-openings phases, it’s time to start assessing how it’s going–from an economic rather than viral perspective.

Are we seeing a bang for our “buck” as we shift from virus mitigation to economic rebuilding?

In this episode, we examine some of the economic data coming out and find that, Houston, we have a problem.

As many have argued, we are not seeing a V-shaped recovery in the real economy (discounting the uncoupled, fed-fueled financial markets). Are we headed for launch failure???

We argue it’s a demand problem… one that won’t be resolved until we either (a) have a permanent and effective solution for the virus or (b) everyone feels comfortable returning to their pre-Covid life.

Judging from the look of things, neither of these appears to be happening any time soon.

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Doug is a passionate servant of Christ and holds an MBA, BBA (Summa Cum Laude), and AAcc from Liberty University, as well as an additional two years of study at Bible college. He has over 20-years of corporate finance, accounting, and operations management experience—spanning the public, private and nonprofit sectors. He is proud to have served his country as a member of the 82nd Airborne Division and his local communities as a firefighter/EMT and reserve peace officer—experience that has provided him with a unique skill-set when it comes to emergency medicine, firearms, crisis management, and wilderness survival. Doug enjoys playing the drums, prepping, and spending time with family—especially in the Outer Banks of NC.