How Will the Economy Recover from This Pandemic?

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Money Wisdom

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No one can predict exactly how the economy will recover from this pandemic but we can consider a few different possibilities. Joel explains the most common types of recoveries and what that might look like for our current crisis.   Read more and get additional resources here: https://johnsonbrunetti.com/?p=5284    Today's show schedule:  0:19 – Four types of market recoveries based on shape. 0:39 – The V-shaped recovery. 1:47 – The U-shaped recovery. Is that still a possibility? 2:31 – What makes a W-shaped recovery happen. 3:33 – How does the hockey stick recover work? 4:48 – The administration’s reaction to this crash has been swift and gives us the best chance to come out of this quickly. 5:52 - How the system almost seized up. 7:56 - Mailbag Question #1: I’m recently divorced and have just received money in a QDRO as part of our settlement. What are my options for what I can do with this money? 9:45 - Mailbag Question #2: I’m thinking about putting a large portion of my savings into cruise ship companies. They’ll eventually start sailing again and prices will go back up, right? I’m willing to wait. 12:00 - If you need to have a conversation about recovery, here’s how to do it.