Real GDP Chart Since 1947 With Trendline – 2nd Quarter 2018

For reference purposes, below is a chart from the Doug Short site post titled “Q2 GDP Advance Estimate: Real GDP at 4.1%” post of July 27, 2018, depicting Real GDP, with a trendline, as depicted.  This chart reflects the Gross Domestic Product Q2 2018 Advance Estimate (pdf) of July 27, 2018:

U.S. Real GDP and Its Historic Trend 18.51T

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I post various indicators and indices because I believe they should be carefully monitored.  However, as those familiar with this site are aware, I do not necessarily agree with what they depict or imply.

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The Special Note summarizes my overall thoughts about our economic situation

SPX at 2818.08 as this post is written