[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$f32b8c0v28j7w0":3,"$ffeh0925h8cuz":39,"$f2emv3tus0uf1":43,"$fbwk2pqjjqsc7":47},{"item":4,"previous":27,"next":33},{"id":5,"slug":6,"title":7,"description":8,"excerpt":9,"contentType":10,"featuredImage":11,"bannerImage":9,"body":12,"agentsBottomLine":13,"bodyImage":14,"isInfographic":15,"categories":16,"isVideo":15,"videoThumbnail":9,"videoSource":9,"publishedAt":25,"updatedAt":26},1584,"economic-slowdown-what-the-experts-are-saying","Economic Slowdown: What the Experts Are Saying","More and more economists are predicting a recession is imminent as the result of the pullback in the economy caused by COVID-19. According to the \u003Ca href=\"http:\u002F\u002Fwww.nber.org\u002Fcycles\u002Fjan08bcdc_memo.html\">\u003Cem>National Bureau of Economic Research\u003C\u002Fem>\u003C\u002Fa>:","","blog","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2020\u002F03\u002F20160540\u002F20200323-KCM-Share.jpg","More and more economists are predicting a recession is imminent as the result of the pullback in the economy caused by COVID-19. According to the \u003Ca href=\"http:\u002F\u002Fwww.nber.org\u002Fcycles\u002Fjan08bcdc_memo.html\">\u003Cem>National Bureau of Economic Research\u003C\u002Fem>\u003C\u002Fa>:\u003C!--more-->\r\n\u003Cblockquote>\u003Cem>“A recession is a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in real GDP, real income, employment, industrial production, and wholesale-retail sales.”\u003C\u002Fem>\u003C\u002Fblockquote>\r\nBill McBride, the founder of \u003Cem>Calculated Risk\u003C\u002Fem>, \u003Ca href=\"https:\u002F\u002Fwww.calculatedriskblog.com\u002F2020\u002F03\u002Fsunday-night-futures-limit-down.html\">believes\u003C\u002Fa> we are already in a recession:\r\n\u003Cblockquote>\u003Cem>“With the sudden economic stop, and with many states shutting down by closing down schools, bars and restaurants…my view is the US economy is now in a recession (started in March 2020), and GDP will decline sharply in Q2. The length of the recession will depend on the course of the pandemic.”\u003C\u002Fem>\u003C\u002Fblockquote>\r\n\u003Ch4>\u003Cstrong>How deep will it go?\u003C\u002Fstrong>\u003C\u002Fh4>\r\nNo one knows for sure. It depends on how long it takes to beat this virus. \u003Cem>Goldman Sachs\u003C\u002Fem> \u003Ca href=\"https:\u002F\u002Fwww.calculatedriskblog.com\u002F2020\u002F03\u002Fsunday-night-futures-limit-down.html\">anticipates\u003C\u002Fa> we will see a difficult first half of the year, but the economy will recover in the second half \u003Cem>(see below):\u003C\u002Fem>\u003Ca href=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2020\u002F03\u002F20200323-MEM-Eng-2.jpg\">\u003Cimg class=\"aligncenter wp-image-42009\" src=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2020\u002F03\u002F20200323-MEM-Eng-2.jpg\" alt=\"Economic Slowdown: What the Experts Are Saying | Simplifying The Market\" width=\"650\" height=\"488\" \u002F>\u003C\u002Fa>This aligns with the \u003Ca href=\"https:\u002F\u002Fwww.wellsfargo.com\u002Finvestment-institute\u002Fia-quarter-world-stood-still\u002F\">projection\u003C\u002Fa> from \u003Cem>Wells Fargo Investment Institute\u003C\u002Fem>:\r\n\u003Cblockquote>\u003Cem>“Once the virus infection rate peaks, we expect a recovery to gain momentum into the final quarter of the year and especially into 2021.”\u003C\u002Fem>\u003C\u002Fblockquote>\r\nAgain, no one knows for sure how long the pandemic will last. The hope is that it will resolve sometime over the next several months. Most agree that when it does, the economy will regain its strength quickly.\r\n\u003Ch3>\u003Cstrong>Bottom Line\u003C\u002Fstrong>\u003C\u002Fh3>\r\nThis virus is not only impacting the physical health of Americans, but also the financial health of the nation. The sooner we beat it, the sooner our lives will return to normal.","\r\nThis virus is not only impacting the physical health of Americans, but also the financial health of the nation. The sooner we beat it, the sooner our lives will return to normal.","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2020\u002F03\u002F20200323-MEM-Eng-2.jpg",false,[17,21],{"id":18,"name":19,"slug":20},5,"For Buyers","buyers",{"id":22,"name":23,"slug":24},6,"For Sellers","sellers","2020-03-23T10:00:24Z","2020-03-25T15:54:44Z",{"id":28,"slug":29,"title":30,"featuredImage":31,"publishedAt":32,"contentType":10,"isVideo":15},1583,"a-recession-does-not-equal-a-housing-crisis","A Recession Does Not Equal a Housing Crisis [INFOGRAPHIC]","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2020\u002F03\u002F19171708\u002F20200320-KCM-Share.jpg","2020-03-20T10:00:53Z",{"id":34,"slug":35,"title":36,"featuredImage":37,"publishedAt":38,"contentType":10,"isVideo":15},1585,"why-the-stock-market-correction-probably-wont-impact-home-values","Why the Stock Market Correction Probably Won’t Impact Home Values","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2020\u002F03\u002F23131043\u002F20200324-KCM-Share.jpg","2020-03-24T10:00:48Z",{"cover":40,"open":41,"shareSpread":42},"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Cover-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Spread-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Magazine-original.png",{"cover":44,"open":45,"shareSpread":46},"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Cover-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Spread-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Magazine-original.png",[48,52,53,54,58,62,66,70,74,78,82,86,90,94,98,102,106,110,114,118,122,126,130,134,138,142,146,150,154,158],{"id":49,"name":50,"slug":51},1,"Uncategorized","uncategorized",{"id":18,"name":19,"slug":20},{"id":22,"name":23,"slug":24},{"id":55,"name":56,"slug":57},7,"Foreclosures","foreclosures",{"id":59,"name":60,"slug":61},8,"Infographics","infographics",{"id":63,"name":64,"slug":65},9,"Home Prices","home-prices",{"id":67,"name":68,"slug":69},11,"First-Time Buyers","first-time-buyers",{"id":71,"name":72,"slug":73},34,"Senior Market","senior-market",{"id":75,"name":76,"slug":77},35,"Mortgage Rates","mortgage-rates",{"id":79,"name":80,"slug":81},38,"Move-Up","move-up",{"id":83,"name":84,"slug":85},41,"For Sale by Owner","for-sale-by-owner",{"id":87,"name":88,"slug":89},42,"Featured","featured",{"id":91,"name":92,"slug":93},45,"New Construction","new-construction",{"id":95,"name":96,"slug":97},52,"Luxury \u002F Vacation","luxury--vacation",{"id":99,"name":100,"slug":101},53,"Rent vs. Buy","rent-vs-buy",{"id":103,"name":104,"slug":105},80,"Time-sensitive","time-sensitive",{"id":107,"name":108,"slug":109},81,"Outdated","outdated",{"id":111,"name":112,"slug":113},147,"Internal","internal",{"id":115,"name":116,"slug":117},148,"Do Not Autopost","do-not-autopost",{"id":119,"name":120,"slug":121},320,"Inventory","inventory",{"id":123,"name":124,"slug":125},321,"Agent Value","agent-value",{"id":127,"name":128,"slug":129},322,"Affordability","affordability",{"id":131,"name":132,"slug":133},323,"Buying Tips","buying-tips",{"id":135,"name":136,"slug":137},324,"Downsize","downsize",{"id":139,"name":140,"slug":141},325,"Economy","economy",{"id":143,"name":144,"slug":145},326,"Equity","equity",{"id":147,"name":148,"slug":149},327,"Forecasts","forecasts",{"id":151,"name":152,"slug":153},328,"Selling Tips","selling-tips",{"id":155,"name":156,"slug":157},339,"Expired\u002FWithdrawn\u002FCanceled","expiredwithdrawncanceled",{"id":159,"name":160,"slug":161},340,"Price It Right\u002FOverpricing","price-it-rightoverpricing"]