The world’s central banks, especially the Fed, are providing endless amounts of liquidity but that won’t stave off large numbers of personal and business insolvencies. The stock market is attempting a “V” shaped recovery but much more volatility is ahead as the economy is unable to recover as quickly as the stock market expects.

We are heading into a recovery that will be most uneven with longer-term employment and money creation issues.

Enroll in our no-cost course, “Navigating Panics and Crises” to learn more:

https://ucla.in/2MuzD43

Additional links mentioned in today’s podcast-

Stock Market Crash/Recovery Chart:

https://www.morningstar.com/features/what-prior-market-crashes-can-teach-us-in-2020

A forward-looking indicator of home sales:

www.nar.realtor/pending-home-sales

We’ve studied the Great Depression but never thought we’d live it! We’re facing a most serious credit crisis with the Fed providing liquidity but unable to stave off upcoming insolvencies and a plunging real estate market, particularly commercial real estate. Consider our no-cost course over the next 6 weeks to prepare for outcomes of the Panic of 2020!

The course begins May 21 and enrollment is now open. For more information, please visit: https://www.uclaextension.edu/business-management/leadership-management/course/2020-panic-whats-next-navigating-panics-recessions?utm_source=soundcloud&utm_medium=podcastads&utm_campaign=+20su+bmlp+roger++p

Now more than ever, UCLA Extension is committed to continue providing students with the resources and tools they need to succeed. As an extension of our podcasts we are pleased to announce a new course aimed at how to better deal with the Panic of 2020.

Our 6-week course is offered at no-cost as part of our continuing efforts to support our students with educational tools and resources.

The course begins May 21 and enrollment is now open. For more information, please visit: https://www.uclaextension.edu/business-management/leadership-management/course/2020-panic-whats-next-navigating-panics-recessions?utm_source=soundcloud&utm_medium=podcastads&utm_campaign=+20su+bmlp+roger++p

In the past two weeks or so the Fed has effectively taken control of all U.S. and, perhaps, global credit markets from home mortgages to junk bonds and from bank loans to pretty much all loans. What does this mean? Find out in this Podcast as well as the following one which begins to outline major differences we can expect in our economy during the ultimate recovery phase!

Take a break from the daily news cycle and consider the upcoming recovery which will be present new career and investment alternatives. We focus on details often absent from the news cycle to help you and your family plan for your personal recoveries and tomorrow’s changing job marketplace.

It’s a given that the Federal Reserve will support the banks and, therefore, the credit system in the U.S. and globally. It’s also a given that Congress will find agreements to place new cash in the hands of American families despite political polarization. This Podcast covers recovery expectations as it relates to the stock and bond markets, employment, and consequences of a Federal Reserve that in a few months will double its asset size with new credit market investments.

Most have reached overload on health, politics, and economic volatility, but we should remind ourselves we’ve been here before. In this week's episode, our objective is to provide Business Insights that fight against that “overwhelmed feeling”, as we’ve most successfully as a country dealt with crises, panics, and melt-downs many times before.

The 2008-2009 financial melt-down had new and powerful “drivers” that are, once again, returning to impact our financial and job prospects. The “causation” is different as today the consumer holding a full-time job has manageable debt levels (overall) but the government sector including its massive debts, money printing, and debt monetization is the “front and center” source of high level U.S. and global financial/economic risks. Regardless of specific causation issues our major crises has some predictable consequences/similarities that are the subjects of this important Podcast.

The 500+ point one-day surge in the stock market earlier this month coincided with the Federal Reserve pumping in an additional $94 billion into the fragile Repo marketplace. Interest rates want to go higher but the Fed is keeping them low with new liquidity bidding up stocks important to the Dow-Jones, NASDAQ and S&P 500 indices. When this liquidity slows or stops “look out below!”.