SentimentEdge report

Jason Goepfert

4-30-2020 at 10:10 am

Looking backward, economic data plunge

Economic data that are being released now show just how much devastation the pandemic wreaked on the economy. Both GDP and personal spending plunged by the most, or near-most, on record. But the economy is not the stock market, and by the time economic data showed big slowdowns, the market had already priced it in.

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