The U.S. economy rose at the fastest rate on record in the third quarter of 2020 as the economy recovery took hold. Real GDP in the third quarter was close to the pre-recession level, but further recovery is needed. According to the “advance” estimate released
It’s been four months since I last posted on this blog, and it’s time to put some thoughts on paper again. First things first: it’s been a long year, and I hope 2021 is better for everyone. Second: for new readers, at the top of
By Danushka Nanayakkara-Skillington on October 5, 2020 • Real gross domestic product (GDP) decreased in all 50 states and the District of Columbia, in the second quarter of 2020 compared to the previous quarter, as a result of reflecting “stay-at-home” orders across the country due to
The U.S. economy fell at its fastest pace on record in the second quarter of 2020 as economic activities were canceled or restricted amid the COVID-19 pandemic. The economy will start to bounce back as restrictions are lifted and economic activities increase. According to the
By Danushka Nanayakkara-Skillington on July 13, 2020 • Real gross domestic product (GDP) decreased in all 50 states and the District of Columbia, in the first quarter of 2020 compared to the last quarter of 2019, as a result of the widespread shutdowns across the country
Today is almost three months since I last posted on this blog, and it’s time to put some thoughts on paper again. Standard disclaimer for new readers: email replies containing charts, market history and thoughtful analysis are always welcome. Any responses discussing geopolitical events or theories
The U.S. economy declined in the first quarter of 2020 due to the impact of the COVID-19 pandemic. Consumer spending, gross private domestic investment, exports and imports all decreased. According to the “advance” estimate released by the Bureau of Economic Analysis (BEA), real gross domestic
I guarantee even the hardest trading veterans have never seen some of these charts before. It’s possible we may never see some of these again. *hat tip @WaterMartyr for noting the LT 0.382 level
This report is a follow-up to my February 21 and February 28 reports which can be read here and here. For those who started following my work recently, I recommend reading those reports in order to better understand how we got here. Standard disclaimer for new
This report is a follow-up to my February 21 report which can be read here. For those who started following my work recently, I recommend reading that report in order to better understand how we got here. Also for new readers, please note: email replies