Afternoon Note
Gross domestic product was a major disappointment as consumers turned off the spigots on long term outlays, in part because of rising cost on healthcare, which continues to gobble up large swathes of the economy. In addition, consumer anxiety lifted savings to 5.2% from 5.0% in 4Q15 and well above the averages for last several years.
First Quarter GDP |
2013 |
|
2014 |
2015 |
2016 |
Consumption Goods |
6.1 |
|
1.1 |
1.1 |
0.1 |
Consumption Service |
0.7 |
|
1.4 |
2.1 |
2.7 |
First Quarter GDP |
2013 |
2014 |
2015 |
2016 |
Trade Exports |
1.0 |
-6.7 |
-6.0 |
-2.6 |
Trade Imports |
0.8 |
2.8 |
7.1 |
0.2 |
First Quarter GDP |
2013 |
2014 |
2015 |
2016 |
Private Investment |
7.1 |
-2.5 |
8.6 |
-3.5 |
First Quarter GDP |
2013 |
2014 |
2015 |
2016 |
Government Expenditures |
-4.5 |
0.0 |
-0.1 |
1.2 |
I like the resolve of the market, and its clear there is a pool of money looking to buy dips, but mostly for quick trades.
Comments |
is there a national total of consumer dollars spent on Obamacare for, say, the last 2 years, to quantify the increase ? jim currier on 4/28/2016 6:58:27 PM |
Charles, I think Obamacare is a huge drag, but what made you state this Baba Gary on 4/29/2016 4:01:11 PM |
Tweet |
4/25/2024 1:16 PM | Don't' Bury me, Yet! |
4/25/2024 9:27 AM | THERE CAN ONLY BE ONE |
4/24/2024 1:30 PM | Earnings Flood In |
4/24/2024 9:26 AM | BUYING THE DIP |
4/23/2024 1:25 PM | Bloom Off Rose |
4/23/2024 9:32 AM | WHAT HAPPENED TO THE BRAVADO? |
4/22/2024 1:22 PM | Pins and Needles |
4/22/2024 9:30 AM | LIVE BY THE SWORD … |
4/19/2024 1:20 PM | Fair Chunk of Rotation |
4/19/2024 9:35 AM | DON’T OVERREACT |
4/18/2024 1:37 PM | Didn’t Break Down |
4/18/2024 9:40 AM | MARKET OFF SCRIPT |
4/17/2024 1:59 PM | Facing Pressure |
4/17/2024 9:37 AM | POWELL STILL WANTS TO HELP |
4/16/2024 1:35 PM | Muted |
4/16/2024 9:42 AM | FEAR ARRIVES |
4/15/2024 1:17 PM | Making a Statement |
4/15/2024 9:45 AM | Equal Opportunity Drubbing |
4/12/2024 1:37 PM | Pressure Overall |
4/12/2024 9:42 AM | WHO YA GONNA CALL? |
4/11/2024 1:38 PM | No Urgency |
4/11/2024 9:27 AM | Tough Sledding |
4/10/2024 1:22 PM | Hang In There |
4/10/2024 9:51 AM | HERE COMES THE LATEST RATIONALE FOR PERSISTENT INFLATION |
4/9/2024 1:56 PM | Fighting the Trend |
More commentary archives |
Home |
Products & Services |
Education |
In The Media |
Help |
About Us |
Disclaimer | Privacy Policy | Terms of Use | All Rights Reserved.
|