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
By Danushka Nanayakkara-Skillington on April 13, 2020 • Real gross domestic product (GDP) increased in all 50 states and the District of Columbia in 2019 compared to 2018, according to the U.S. Bureau of Economic Analysis (BEA). The percent change in real GDP ranged from 4.4
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
Something truly rare is happening in markets. This is the biggest report I’ve written since November, maybe the biggest I’ll write this year. There are no memes here. There are no bite-sized “takeaways” or “market calls”. Traders should take the time to carefully study what
Real gross domestic product (GDP) increased in 49 states and the District of Columbia, in the third quarter 2019 compared to the previous quarter. Delaware recorded no change during this time. The U.S. Bureau of Economic Analysis reported the real GDP growth rates, measured on a