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re: Q2 GDP, annualized, quarter over quarter -32.9%

Posted on 7/30/20 at 3:13 pm to
Posted by HailHailtoMichigan!
Mission Viejo, CA
Member since Mar 2012
69389 posts
Posted on 7/30/20 at 3:13 pm to
Not sure why today's gdp print sent stocks tumbling. it was widely known that april-june was going to be an historic downturn. In fact, today's print was better than expected.

Why wasn't this baked in?
Posted by RedStickBR
Member since Sep 2009
14577 posts
Posted on 7/30/20 at 3:17 pm to
I think it was likely more related to the employment numbers sucking wind.
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