Q1 GDP Data Masking The True Global Economic Future?

Chris Vermeulen

 

April 29, 2020
Chris Vermeulen
TheTechnicalTraders.com

 

 

 

“…As Q1 GDP data is released on Wednesday, April 29, which will reflect the first three months of 2020 in terms of total economic output, we believe the number will skew the current true global economic conditions to a large degree.  The pandemic shutdowns started in the US on March 15th – nearly 2 weeks before the end of Q1:2020.  Thus, we had a fairly normal Q1 in terms of economic activity, production, and consumer engagement. Everything changed after March 15th, 2020….”

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Q1 GDP DATA MASKING THE TRUE GLOBAL ECONOMIC FUTURE?

 

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