Center for Financial Policy Research
SMITH BRAIN TRUST – The price of gold has risen by more than 30% in the past 12 months, and has outperformed all other commodities traded this year under the impact of the COVID-19 epidemic. David Kass, clinical professor of finance at the University of Maryland’s Robert H. Smith School of Business, explains the economic implications.
SMITH BRAIN TRUST – If you follow David Kass’ stocks to watch, it’s time to update your holdings.
SMITH BRAIN TRUST – It’s challenging when you graduate in a pandemic era. Employment prospects have altered and many new hires will begin their jobs not in a shiny new office, but remote from their kitchen tables. Some things haven’t changed, however, like the personal finance advice that young professionals should follow.
SMITH BRAIN TRUST – When times are tough, access to credit becomes crucial. Policymakers know this, so when faced with an economic downturn, they tend to adopt measures that will ensure that consumers get that access, and at a fair price.
But sometimes, the measures that lawmakers adopt have consequences they didn’t intend.
By William Longbrake
SMITH BRAIN TRUST – The COVID-19 pandemic precipitated an abrupt and extraordinarily severe global recession. Social distancing and lockdowns which were intended to slow the spread of contagion threw millions out of work and crushed economic activity instantaneously.
In a recent webinar, "COVID-19 and the African Economies," Senbet discussed the pandemic and its staggering economic fallout, along with high-level policy experts from the IMF and World Bank.