The Economy is...😬😬
Historic GDP Drop, Small Business BK, Denbury Resources & More
The gross domestic product figures released earlier this week presage more economic pain to come. A historic (annualized) 32.9% drop in Q2 ‘20 GDP coupled with (i) a 1mm increase in continuing weekly jobless claims (read: those collecting assistance for at least two weeks) and (ii) current consumer confidence trends paints an ugly picture.*
Keep reading with a 7-day free trial
Subscribe to PETITION to keep reading this post and get 7 days of free access to the full post archives.