Why a Cratering GDP Is ‘the Best Environment’ for Stocks, Economy Posted by Matthew Clark | Jun 8, 2020 | Economy, Investing The Congressional Budget Office said U.S. economic activity will continue to fall, but investors can still find opportunities to profit. Read More
UN Says Global GDP Will Sink 3.2% in 2020 Posted by News Team | May 13, 2020 | Economy U.N. report: “The world economy is expected to lose nearly $8.5 trillion in output in 2020 and 2021, nearly wiping out the cumulative output gains of the previous four years.” Read More
US Q1 GDP Ravaged by Coronavirus — and the Worst Is Yet to Come Posted by News Team | Apr 29, 2020 | Economy PNC Chief Economist: “The next few months will be extremely difficult for the U.S. economy, with a historic contraction in GDP in the second quarter.” Read More
CBO: US GDP Will Contract 12% in Q2 Posted by Matthew Clark | Apr 28, 2020 | Economy If the CBO projections are correct, the U.S. GDP will contract by nearly 12% in the second quarter of 2020. Read More
Coronavirus Is a ‘Black Swan’ for Oil, Energy, Could Sink US Q1 GDP to 1.2% Posted by Shaun Cox | Feb 11, 2020 | Economy Chinese demand for oil has been slashed by 2 million to 3 million barrels a day due to the outbreak. Read More