Richard Yamarone, economist (#416)
Richard Yamarone, a Wall Street economist, discusses the current economic downturn, including how it came about and why he believes the economy will take a long time to rebound.
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Richard Yamarone, vice president and director of economic research at Argus Research Co., has more than two decades of experience analyzing economic trends. On the program, Yamarone also discusses his book, The Trader’s Guide to Key Economic Indicators, an overview of economic indicators, how they are constructed, and how they work. And, he shares his personal “Fabulous 5” indicators of economic recovery.
Yamarone also talks about the media’s role in providing information on the economy, explains why he believes some businesses should be allowed to fail, and then outlines his economic forecast for the next year.