finance – Today's Card

Is the Recession Here?

Four weeks ago, I was thinking about the negative GDP report for the first quarter. At the time, I thought to myself that having Q2 also report negative GDP growth seemed likely. This would mean that we are in a recession. (Typically a recession is marked by at least two consecutive quarters of negative GDPContinue reading “Is the Recession Here?”

What have we done?

So, good news this week with the whole coronavirus situation. Up until April 2nd, the numbers here in Florida were quite alarming. The number of daily cases kept increasing every day. The number of people tested positive seemed to double every three days. Doing some back-of-the-napkin, I figured that, at that rate, before the endContinue reading “What have we done?”