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According to the experts, the COVID recession lasted just two months, from February 2020 to April 2020, which makes it the shortest U.S. recession on record.
Will Inflation Kill the Recovery?
CBS This Morning: Inflation Fears Grow
As economic recovery continues, consumers are paying more for everyday items. I joined CBS This Morning to explain what's triggering those higher costs and address fears of another 1970s-style period of inflation.
April Showers Soak Jobs
COVID Recession Over? Don’t Celebrate Yet
CBS This Morning: July Jobs Report
A July jobs report that saw 1.8 million new jobs created and a lowering of the national unemployment rate comes amid negotiations in Washington over a second stimulus package. However, the pace of hiring appears to be slowing as more states slow down or roll back their re-openings. I joined CBS This Morning: Saturday to discuss what this all means, and what the numbers say about the future of the U.S. economy.
The Economy and (30 Million Americans) Need a Lifeline
Bungee Cord Economy: Will YOUR Finances Snap Back?
Covid-19 has wreaked havoc across the world. What started as a health pandemic quickly became a financial pandemic and now the two are intertwined. What does that mean for the second half of the year? And more importantly, how should you prepare for another six months living amid the dual threat of a health and financial pandemic?
CBS This Morning: Weekly Jobs Report
More than 1.5 million Americans filed for unemployment last week. I joined CBS This Morning to discuss what the latest numbers mean and what soaring retail sales could indicate for an economic recovery.
Coronavirus: State of the Economy Part Two
More than 1.5 million Americans filed for unemployment last week, bringing the total jobless claims to over 44 million in the last 12 weeks. Yes, weekly job losses continue despite a big gain in May. And yes, the rollercoaster on Wall Street is just as bumpy as it was a few months ago.
To help try and demystify the current state of the economy, we're joined today by Mark Spindel, one of my oldest friends in the world and the Managing Member, Chief Executive Officer and Chief Investment Officer for Potomac River Capital.
Mark, who along with Sarah Binder, recently published: The Myth of Independence: How Congress Governs the Federal Reserve. If you're looking for a deep dive on the Fed, this is the book for you.
Have a money question? Email me here.
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"Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com.