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:
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.
The Special Note summarizes my overall thoughts about our economic situation
SPX at 2818.08 as this post is written