When economists, journalists, and politicians talk about the strength or weakness of the national economy, they cite one main statistic: GDP. The metric, which stands for Gross Domestic Product, singlehandedly quantifies the output of national economies, guides the action of central banks, and acts as the universal benchmark for when economies officially enter and exit recessions. Continue reading “GDP: Faster Growth Than Meets the Eye?”
On January 25th of this year, the Dow Jones Industrial Average (DJIA/Dow) passed the 20,000 milestone for the first time ever. Seemingly every media outlet began to host discussions regarding whether investors should get back into the marketplace, how much further stocks can go, and a multitude of other investing-related topics. Continue reading “DOW 20,000 — Does It Matter?”
Each year, more deals and promotions seem to enter the marketplace in hopes of enticing holiday shoppers to spend more, or even to get them to actually come to the store itself. Expectations on how major retailers will perform and notifications regarding the level of confidence consumers have with the economy are rampant throughout the holiday season. Continue reading “Holiday Retail Sales”
With the market swoon to start the year, many investors wondered if we were finally due for a sustained slowdown in the economy or even a recession. After all, since 1926, recessions have happened once every five years on average and it has been over six-and-a-half years since the last one ended.
Well, positive economic growth has continued and the capital markets have actually made a sharp recovery since mid-February. So, does this make a recession even likelier now as more time has passed?