In a year beset by losses for many families and businesses, and characterized by uncertainties of all stripes, it was a challenging twelve months to say the very least.
No Wave is Good News For Stocks
While the election is still not certified, and court battles will drag on, it appears that we can draw two firm conclusions from the 2020 election.
Yield: The Scarcest Resource
The global economy has bounced back robustly from the COVID-induced lockdowns, but the pace of growth is expected to gradually slow.
Second Quarter GDP
Like pretty much everyone expected, real GDP plunged in the second quarter at the fastest pace since the Great Depression.
The Return of Gasoline Demand
When the U.S shut down in March and April, one of the first economic victims was gasoline demand.
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