Why the Stock Market and Economy Are Rebounding So Quickly

Money For the Rest of Us

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3+ y ago 22:30

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How the current global recession differs from the Great Financial Crisis and why the recession is probably over.

Topics covered include:

Why the current recession has no debt and banking crisis
Why lower-income workers are disproportionally harmed by the current recession
How the federal government and central bank responses differed between the current recession and the 2008-09 recession.
Do increased unemployment benefits disincentivize workers
Why the recession is probably over, but it could take months or years to recover the lost output
What factors will determine the impact a Covid-19 vaccine will have on the economy

Thanks to Chili and Trends for sponsoring the episode.

For show notes and more information on this episode click here.

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