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Will We See a V Shaped or U Shaped Recovery? (with Patrick Donohoe)
Will we see a V shaped or U shaped recovery in the economy after the coronavirus crisis?
Jason Hartman and Patrick Donohoe discuss why the economy will or will not rebound. Jason talks about the square root recovery and what that means for us. This type of recovery goes steadily, then down, then up, but not as high up as it was when it was steady. Jason believes we will wake up to a smaller economy and that it’s not necessarily a bad thing.
Efficiency does not lie in travel. Jason explains how remote work is actually more efficient, and how COVID-19 has led to greater technology for remote workers and business people alike. Some business workers may not have worked remotely before, but are now seeing the appeal of it. Innovation is leading to a more sustainable business world.
While the economy may not be the same for a while, if ever, there are many opportunities for growth. These include real-estate opportunities, room for remote business growth, and online shopping. However, shopping centers and other social activities may suffer for a while, even after the pandemic. Jason and Patrick discuss all the positives and negatives surrounding the current economic situation, and help viewers see the safest investment areas post-pandemic.
Learn More: https://www.jasonhartman.com/
Listen to the podcast: https://www.jasonhartman.com/podcast/
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