For reference purposes, below is a chart from the Advisor Perspectives’ post of April 29, 2020 titled “Q1 GDP Advance Estimate: Real GDP at -4.8%” reflecting Real GDP, with a trendline, as depicted. This chart incorporates the Gross Domestic Product, First Quarter 2020 (Advance Estimate) of April 29, 2020:
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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 2933.18 as this post is written