Economic Downturn: Difference between revisions

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=April 2020=
=April 2020=
*25% down on the S&P 500, which is apparently faster than Great Depression.
*'''25% down on the S&P 500, which is apparently faster than Great Depression - [https://www.zerohedge.com/markets/crash-2000-now-worse-great-depression]'''
*7.5 decrease in consumer spending
*7.5 decrease in consumer spending



Revision as of 15:06, 4 May 2020

May 2020

  • 4.8% quarter drop - [1]

April 2020

  • 25% down on the S&P 500, which is apparently faster than Great Depression - [2]
  • 7.5 decrease in consumer spending

April 2020

This one shows 50% drop USA:

https://www.economist.com/graphic-detail/2020/04/09/how-the-covid-19-pandemic-is-changing-americans-spending-habits

This one shows 9% drop USA:

https://www.cnbc.com/2020/04/15/us-retail-sales-march-2020.html

How do we reconcile both?