Danny_Boston Author Danny Boston is an economist, professor, and entrepreneur. For 25 years, he served as CEO of a successful economic research and data analytics company. He is also Professor Emeritus of Economics and International Affairs at Georgia Tech. Today, Danny publishes the blog GazelleIndex.

Why a V-shaped Economic Recovery is Fantasy, not Reality

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The International Monetary Fund forecasts a V-shaped recovery of the global economy after the COVID shutdown. It predicts 5.8% world GDP growth in 2021, following a 3.0% decline in 2020.  The U.S. economy is...

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SBA should Report Who gets PPP Funds

SBA must gather and report detailed PPP data. Congress needs it to exercise appropriate oversight and the public needs it to know where its tax dollars are going....

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COVID, Narrowing Black-White Unemployment but Widening Deaths

COVID-19 is a strange bedfellow. When it comes to black to white unemployment, it is narrowing the gap. But when it comes to black-white death, it is in overdrive. Today’s Labor Department report showed 3 million...

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Small Business is Key to a Vigorous Recovery

Everyday there are stories about the unfairness small businesses encounter in pursuing access to COVID-19 economic rescue dollars. Under the guise of supporting small businesses, the government has given loans and...

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GDP declines 4.8% while US COVID Strategy is a Hope, not a Plan

The Bureau of Economic Analysis just released the initial estimate of economic activity for the first quarter of 2020. The gross domestic product or GDP reflects the total value of the economic activity that occurred in...

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Economic Situation after COVID: 100 Black Men of America Webinar

Comments presented to the 100 Black Men of America Economic Empowerment Town Hall Webinar. By economist Dr. Danny Boston, 4/23/20. First, I trust everyone is well, and I sincerely hope you, your family, and loved ones...

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May 2020 Unemployment Outlook is Gloomy for Economy and Blacks

The country will be fortunate if it can escape having 15% unemployment and 20% Black unemployment when the Labor Department releases the Jobs Report on the first Friday of May. While there are some nuances, the math is...

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Growing Uncertainty Drives Stock Market Pullback!

The Dow lost 8% of its value over the last two sessions. Analysts are scrambling for an explanation. Some say it’s because the S&P fell below the 50 day moving average. However, that’s not an explanation. It is...

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Chaos in Washington moving Economy toward Tipping Point

How long does it take for economic and political chaos to unravel market confidence? No one knows for certain. But it is a sure bet that the US is headed down that road. The combination of destructive hurricanes, an...

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Like It or Not, we are in a New Stock Market Bubble

A common sign of a bubble is when investors sit around the table and brag about their huge returns, without being able to explain why, or even worse, not caring why. We have seen all this before, and yet groupthink and...

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