Thursday, July 30, 2020

US Q2 GDP Crashes By A Record 32.9%, Worse Than Great Depression

The biggest question we had ahead of today's unprecedented GDP drop was "how do we show it on a chart without losing the impact of all other prints?" Well, for better or worse, this is the best we could come up with: at -32.9% annualized, Q2 GDP just plunged by the most on record.