What will the 2021 economy look like?
Doug Obey joins Jim Blasingame to offer his thoughts on why the unprecedented coronavirus reality of 2020 will cause the 2021 economy to lapse into a recession on the scale of 2008-9.
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Doug Obey joins Jim Blasingame to discuss the many economic factors that seem to be volatile and contrived, and the likelihood of some kind of reconciling of these forces with reality in the near future.
Doug Obey joins Jim Blasingame to describe how the velocity of money is a huge driver of the economy, especially how it influences inflation and stock market valuations.
Doug Obey joins Jim Blasingame to report on the current and continued record levels of the stock markets, and the various influences causing this, including especially low interest rates.
Doug Obey joins Jim Blasingame to discuss the many benefits of owning real estate – especially housing – as a major part of your investment portfolio.
Doug Obey joins Jim Blasingame to report on some of the reasons for such record liquidity, including Fed policies and consumer savings, and whether the economy will continue to recover the rest of 2021.