Deep Future Analytics CEO and Chief Scientist Dr. Joseph Breeden, reporting from his backyard in New Mexico, joined us on the show to share three COVID-19 recession scenarios that will have a significant impact on borrowers and lenders based his firm's models. Each scenario has its pros and cons but are incredibly fascinating see how they may come to fruition, as the COVID-19 crises plays out.
What was equally fascinating, if not more, was Joseph's examples of what's happening globally in places like China, Taiwan, Belarus, and others in regards to what's working to combat the virus and what's not. That said, he also warns of a second wave of the virus hitting perhaps in the fall. So we must even more proactive in addressing that possibility both on a financial and health scale.
This is a can't-miss conversation with Joseph. Check it out and let us know your thoughts.
Mike Lawson, Host
Married to a beautiful and wonderful wife, raising 5 kiddos (including twins!), enjoy helping others tell their stories, and love surfing SoCal waves. Keep it simple.