Financial Intelligence

Looking for Light at the End of the Tunnel

An update on the economic landscape and a look at what is to come.

Presented by: Brian Jones, Financial Economist, FHLBNY and
Tom Settino, Vice President, Director of Member Relations, FHLBNY

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“Now this is not the end. It is not even the beginning of the end. But it is, perhaps, the end of the beginning.”
– Winston Churchill

The COVID-19 outbreak has triggered the sharpest contraction in U.S. economic activity and rise in unemployment since the Great Depression. In this 45-minute session, Brian Jones, Financial Economist, will explore the answers to some of the following questions:

Are there any signs that the current downturn is abating and a potential recovery may soon be under way?

What will drive the coming pickup and what data should we be turning to for clues that the worst of the coronavirus-induced recession is behind us?

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