#3: The Square Root Recession | Bill Conerly

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   Bringing Employees Back To Work In The Coronavirus Reopening What Happens After The Restaurants And Other Small Businesses Close? 7 Growth Strategies For the Coronavirus Recession Housing Prices And Sales In The 2020 Economic Recovery 8 Reasons Why Economic Disaster Won't Happen   Links to books: Businomics: From the Headlines to your Bottom Line--How to Profit in Any Economic Cycle https://www.conerlyconsulting.com/writing/businomics/ Also available on Amazon.   The Flexible Stance: Thriving in a Boom/Bust Economy https://www.conerlyconsulting.com/writing/the-flexible-stance/   Newsletter (free): latest issue, plus option to sign up: https://www.conerlyconsulting.com/writing/newsletter/   Find out more about Linda Keith at: www.LindaKeithCPA.com www.LendersOnlineTraining.com LinkedIn: https://www.linkedin.com/in/lindakeith/