GDP And The S&P 500 Index

GDP And The S&P 500 Index

More great stats from the desk of Ryan Detrick.  The skinny: Year over year Q4 GDP growth was up 3.1% in 2018. Looking at all the other times it was up better than 3% (since 1980), the following year saw the S&P 500 higher 13 of the past 14 times. Hat tip Ryan...
GDP Surprises Analysts

GDP Surprises Analysts

The lede, from MarketWatch.com:    GDP Surprise Chalked Up To Unexpected Consumer Spending During Shutdown, Research and Development Growth. More:    “At a 2.6% gain, fourth quarter GDP was a welcome upside surprise, and further cast doubt on the veracity of the weak...
Bonds Look Toppy

Bonds Look Toppy

Bonds have backed off quite a bit from the highs of the week.  This morning’s solid GDP numbers are certainly adding selling pressure.  The IEF(iShares Barclays 7-10 Year Treasury Bond Fund) is tracing out a key downside reversal on the weekly chart.  The...
Eight Months To Go

Eight Months To Go

At 113 months old the current U.S. Economic Expansion is on the doorstep of setting a new all time record.  Note the sub par GDP performance during the 2009-2018 run.  Interesting… Great chart from Charlie Bilello

American Prosperity Reaches A Turning Point

Arthur Laffer begins:  Gross domestic product, or GDP, is the measure of choice when assessing the health of any economy, especially in the United States. GDP, which is measured at annual rates, includes the value of production of all goods and services produced in a...