GDP

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk asked Cathie Wood of Ark Investment Management her views on the high ratio of S&P market cap to GDP on Monday. What Happened: The entrepreneur quizzed Wood, portfolio manager for Ark Innovation ETF (NYSE: ARKK), on Twitter after the fund manager...

With the presidential election less than a week away, Americans are weighing the two presidential candidates and choosing which is best for the country over the next four years —if they haven't already voted. One way they can do that is by looking back on the first term of President...

The Past Week, In A Nutshell What Happened: Last week ended negative alongside mixed messaging on stimulus. Remember This: “Markets have come a long way since the March lows, but we believe there may be more room for stocks to run,” said Jeff Buchbinder, Equity Strategist for LPL...

China’s gross domestic product improved in the July-September quarter to 4.9% on a year-over-year basis, the country’s National Bureau of Statistics said Monday (Beijing time). What Happened: The growth in the third quarter, based on preliminary numbers, is more than the 3.2% growth...

The Past Week, In A Nutshell What Happened: Last week ended negative with mega-cap and technology stocks regaining strength into week-end. Remember This: “Markets had embedded substantial optimism in early September, with the valuation of the S&P 500 at the highest level in 20 years and...

Real second-quarter gross domestic product fell 31.7% at an annualized rate, according to the second estimate released Thursday by the Bureau of Economic Analysis. What Happened: The GDP figures are updated to reflect new information used to calculate GDP. In the advance estimate released...

The Last Week In A Nutshell What Happened: “The market has taken us on a roller coaster ride that no one would have believed — from the depths of March 2020, when we dropped to a level last seen in 2016 (e.g., $2,237.40 on the S&P 500) to a 51% rally back to reclaim an all...

U.S. gross domestic product from April to June plunged 32.9%, the Commerce Department said Thursday.  While the figure is better than the 34% drop economists expected, it's the worst economic contraction on record in the U.S.  What The GDP Drop Means: The GDP is a calculation of...

Second-quarter gross domestic product numbers will be released at 8:30 a.m. Thursday, July 30 by the Bureau of Economic Analysis. Things To Remember About GDP: GDP is a calculation of all goods and services produced by a country in a given time frame. Thursday’s data will...

The U.S. GDP contracted 5% in the first quarter of 2020, the largest since the 2008 recession. The metric was worse than the 4.8% drop economists projected, and it heralds the end of the nation’s longest recorded expansion period and a steep drop from the previous quarter’s 2.1%...

The story hasn’t changed, but the digits have gotten bigger. The number of virus cases and the percentage of stock market losses both spiked dramatically early Monday, with futures pointing to a 2.5% drop as the disease spread in South Korea and Italy over the weekend. People need to strap in...

The Congressional Budget Office on Tuesday said that the budget deficit and the public debt in the United States would continue to rise progressively over the next decade to hit the worst levels since the World War II if the existing and spending remains the same. Deficit, Debt To...

China's economy grew by 6.1% in 2019, the National Bureau of Statistics of China said Friday. What Happened This is the slowest annual growth for China's gross domestic product since 1990, when international sanctions following the Tiananmen Square Massacre weakened the country's...

Gross domestic product (GDP) is the most commonly referenced metric of economic activity and is tracked by economists, market analysts and politicians to gauge the strength of economies. It measures the final value of all goods and services within an economy in a given period and serves as the...

Greece is headed to set the largest stock market growth in the world for the financial year 2019, Bloomberg reported on Wednesday. Largest Growth In Decades The country, which is still reeling from the debt crisis spurred by the financial crisis of 2007-2008, has seen its Athens Stock...