Ep. 33 - What’s Happening With The Economy?

What is currently happening with the economy, and what the current economic situation means to businesses and to individuals, were the topics covered in this episode of “Building Knowledge With The Building and Realty Institute (BRI).” Dr. Robert Goodman, a well-known Economic Analyst, was the guest. Dr. Goodman was a regular contributor to the former radio shows of the Building and Realty Institute (BRI). He is a former Consultant for Putnam Investments. While with Putnam, he was a member of the company's Business Advisory Group, a panel of experts on Economic, Business and Personal Financial Topics. Dr. Goodman has appeared frequently on The Cable News Network (CNN) and has been a regular Guest Host on CNBC's “Squawk Box.” Dr. Goodman was the Chief Economist with J.&W. Seligman & Co. between 1972 and 1989. He has also been an Economist at Citibank and the Federal Reserve Bank of N.Y. Topics covered during the segment included: 1) The recent turbulent times on Wall Street; 2) Fears that the U.S. Economy is in much worse shape than previously believed; 3) If a Recession is inevitable; 4) The eventual effects of the Federal Reserve lowering Interest Rates; 5) The effects of current economic conditions on the business community; 6) What Investors should, and should not do, in the weeks and months ahead; 7) The effects of the Presidential Race on the economy.