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Economist on Effects of Coronavirus: “Comes like a freight train, but expect it to go away quickly”
Published in Auto Lending, business lending, Economic trends, Lending, Mortgage Lending, Retail Lending
The traditional definition of a recession is two consecutive quarters of negative GDP growth — but the worldwide shock of the Coronavirus has forced that model to stand on its head. According to economist Elliot Eisenberg, president of Graphs and Laughs, LLC, and wildly popular presenter at CU Direct’s annual conference over the last few…