The Silver Lining May 2020 Research Report Download PDFSign-up for our Newsletter The Silver Lining is a deep dive into the macroeconomic conditions in the United States in the wake of the COVID-19 pandemic, and the opportunity that lies in entrepreneurship and innovation. “Every cloud has a silver lining” – John Milton This is the culmination of a storm that has been brewing for decades. We are dealing in a situation of record proportions – a record asset bubble, record debt bubble, all fueled by a long period of easy money. We stand today as a nation divided, with economic strain driving us toward populism. Global tensions are high. Coronavirus has exacerbated an already tense status quo, driving unprecedented unemployment and triggering global recession. We will need to grow ourselves out of this situation. This is easier said than done. The world has outpaced America, economically, wealth inequality is wide and entrepreneurship is at the lowest rate since we started recording in 1977, believe it or not. To top it off, the economy is not putting people back to work. The last 3 recessions have experienced “jobless recoveries”. 88% of routine job losses since the mid 1980s have occurred during downturns. But American innovation has and will continue to be a bright spot. We have amazing tools at our disposal, and an entrepreneurial spirit that is bar none. We have a once in a lifetime chance to build a new future. A better way. What a special opportunity – to not only grow, but do so in an intelligent and intended fashion. To set discrete priorities for advancement, and make a better, cleaner and more efficient future a reality. THAT is the silver lining.