EPISODE · May 28, 2020 · 17 MIN
Recession Economic Snapshot May 29, 2020 - Update 11
from Don't Waste A Good Recession
Is this a Dead Cat Bounce / Bull Trap, or signs of an economic recovery and a V-Shaped Recession?This Weekly Economic Snapshot is designed to help you make better business decisions. If it helps, make sure you Like and Subscribe for every update.- Coronavirus LIVE Cases, Deaths, Change since Last Week- Stockmarket Levels for FTSE, Dow Jones, ASX 200 and comparisons to the Peak and Previous Recession Low- Unemployment Rates and comparisons to Last Month and 5 Year Low- GDP Growth and comparison to previous two quarters- Plus this week a bonus deep dive into Dead Cats and Bull Traps over time. Global stock markets have rebounded strongly from the initial Coronavirus Pandemic sell-off. The FTSE, Dow Jones, and ASX 200 (among others) are now below the 20% Decline used by many to define a 'Bear Market'.Does that mean the Bulls are ascendant again? Some experts are predicting that the economic fallout from the Pandemic may be smaller than feared - and while that would be great news for your small business, the rest of the my research suggests it's a little optimistic and naive. Join our next Live event in our free Facebook group at www.facebook.com/groups/GoodRecessionWelcome to "Don't Waste a Good Recession", a group with positive and practical advice for businesses from 2 to 500 staff.If you want tangible advice you can execute now, not just more waffle, be sure to 'Like' this video and Subscribe to my channel.
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Recession Economic Snapshot May 29, 2020 - Update 11
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