An Economic Recap of 2020 with Mark Schug

Lightspeed customers can learn about key economic factors during the year. What changed in 2020 – nearly everything — and where the economy may be headed in 2021.

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Are you an active trader looking for an economic edge for smarter investing? This webinar covered the key economic indicators of 2020.

  • How did stocks and bonds do amidst all the turmoil of Covid -19?
  • Is the recovery looking like a “V” or a “U?”?
  • What do economic statistics suggest?
  • A short overview of economic indicators will be provided including GDP, unemployment, inflation, interest rates, Purchasing Managers Index, and retail sales.
  • The Fed has embarked on a new direction regarding inflation. We will take a quick look at the changes and the implications for the markets.

Mark C. Schug is Professor Emeritus at the University of Wisconsin-Milwaukee, where he directed the Center for Economic Education. He taught for 36 years at the middle school, high school, and university levels. A widely recognized scholar, he has written and edited more than 230 articles, books, and national curriculum materials. He has received national awards for leadership and research in economic education from the Council on Economic Education and for service from the Association of Private Enterprise Education. He has been the guest co-editor of 11 special economics sections in Social Education, the flagship journal of the National Council for the Social Studies. He has served on several nonprofit boards, including the national Association of Private Enterprise Education, Business and Economics Academy of Milwaukee (BEAM); Economics Wisconsin; Wisconsin Council for the Social Studies; and the Wisconsin Governor’s Council on Financial Literacy.

Lightspeed Financial Services Group LLC is not affiliated with these third-party market commentators/educators or service providers. Data, information, and material (“content”) are provided for informational and educational purposes only. This content neither is, nor should be construed as an offer, solicitation, or recommendation to buy or sell any securities or contracts. Any investment decisions made by the user through the use of such content is solely based on the users independent analysis taking into consideration your financial circumstances, investment objectives, and risk tolerance. Lightspeed Financial Services Group LLC does not endorse, offer nor recommend any of the services or commentary provided by any of the market commentators/educators or service providers and any information used to execute any trading strategies are solely based on the independent analysis of the user.

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