Succinct Summation of Week’s Events 5.22.20
Succinct Summations for the week ending May 22nd, 2020 Positives: 1. Markets seem to find more stability on improving Covid-19 treatment...
Atlanta Fed: GDP is -42.8%
Source: Federal Reserve Bank of Atlanta So apparently, we have a new installment called “WTF is GDP these...
Succinct Summation of Week’s Events 5.15.20
Succinct Summations for the week ending May 15th, 2020 Positives: 1. Promising advances in potential Covid-19 treatments; 2. Business...
KPMG Model Estimates GDP at -30%
Source: KPMG I received lots of very interesting feedback about both the inflation column and yesterday’s GDP...
What is GDP Today? About -20%
Source: BEA Yesterday’s column about why inflation is not a serious threat was based on the premise that GDP has gone...
Succinct Summation of Week’s Events 5.8.20
Succinct Summations for the week ending May 8th, 2020 Positives: 1. Unemployment could have been much worse… 2. Markets rally on...
Surviving A Volatile Economy
So way back in the beginning of March (feels like 3 years ago) I spoke with the kind folks at AARP. The conversation was about...
Succinct Summation of Events for Week Ending 5.1.20
Succinct Summations for the week ending May 1st, 2020 Positives: 1. Andrew Cuomo. 2. Jobless claims fell 603k w/o/w from 4.442M to...
Succinct Summation of Week’s Events 4.24.20
Succinct Summations for the week ending April 24th, 2020 Positives: 1. Despite everything going on, markets found their footing + some...
Paycheck Protection Program: Industry, Firm & Loan Size
The first $349 billion in Paycheck Protection Program (PPP) monies have been disbursed (another $350 billion in PPP loans is expected to...