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A recession than they generally like the any b r wrote about the situation saying the unprecedented magnitude of the decline in employment and production and its broad reach across the entire economy warrants the designation of this episode as a recession even if it turns out to be briefer than earlier contractions now economists generally define a recession as 2 consecutive quarter months of 2 consecutive quarters of Economic Contraction g. D. P. In the us has already fell by 5 percent in the 1st quarter of this year and the economy is expected to climb by a steeper margin in q 2 of 2020 lets...

Thanks for having me back listen i put very little stock into what any account is really said because theyre not calling it until its already over and theyre sure on your show with you i said that were going into a recession back at the end of january it was easy to see that the years are to break down and of course then the buyers really kicked in and we saw the country shut down which is automatically by itself going to create some major problems creating a recession again this steve this is how fast they bond nobody really knows the answer to that and well see where we go from here but at t...

Americans housing right now millions of you are asking the following questions given the volatile economic and political times that we are going through so do i sell my home before it loses value. What happens when all of those people who arent paying their mortgages are suddenly forced to pay up. By the way those people who arent paying for at least 3 months make up 8 percent of the homeowner population and they reportedly account for more than 800000000000. 00 in unpaid principal so what happens when the government forbearance comes due will there be a glut of homes suddenly on the market an...

The designation of this episode as a recession even if it turns out to be briefer than earlier contractions now economists generally define a recession as 2 consecutive quarter months of 2 consecutive quarters of Economic Contraction g. D. P. In the us has already fell by 5 percent in the 1st quarter of this year and the economy is expected to climb by a steeper margin in q 2 of 2020 lets get some expert analysis on this and and the state of the economy with todd morris chief strategist at the trading and cohost christiane who joins us from los angeles thank you both for being here today but i...

Want to begin with one of the most important topics for all americans housing right now millions of you are asking the following questions given the volatile economic and political times that we are going through 1st and foremost do i sell my home before it loses its value what happens when all of those people who arent paying their mortgage are suddenly forced to pay up. By the way those who arent paying for at least 3 months they make up 8 percent of the homeowner population and they reportedly account for more than 800000000000. 00 in unpaid principal so what happens when the government for...