Real GDP Chart Since 1947 With Trendline – 1st Quarter 2016

For reference purposes, below is a chart from Doug Short’s “Q1 GDP Advance Estimate at .5%, Worse Than Mainstream Forecasts” post of April 28, 2016, depicting Real GDP, with a trendline, as depicted.  This chart reflects the Gross Domestic Product Q1 2016 Advance Estimate (pdf) of April 28, 2016:

GDP-since-1947-with-regression 4-28-16

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The Special Note summarizes my overall thoughts about our economic situation

SPX at 2090.98 as this post is written