Debating the Economy’s Recovery
Economists are debating what the economy’s recovery from the current recession will look like using letters of the alphabet. On a chart, the gross domestic product could look like the letter ‘V’, which would be the best case scenario; like a ‘W,” a double-dip recession; like a ‘U,’ a slower recovery; or an ‘L’, the worst case scenario. Analysts from Société Générale report that while the market is currently trading on a U-shaped curve, the current consensus calls for a V-shaped economic recovery. John M. Schneider and his team of wealth advisors at JMS Capital Group Wealth Services can advise you on wealth preservation strategies during these volatile times.