Cannot echo this more. I work in biotech/pharma and I don’t touch most stocks. Theres so much behind the scenes going on than reading a few press releases and 10-Qs
> 2020 Q3 GDP went up 34.8 while Q4 was 4.2, overall GDP in 2020 is positive.
You can't be this dumb, you even searched the numbers and couldn't figure it out.
[Compare the 2019 q4 vs the 2020 q4 number, which one is higher. Also look at the shade in the graph, what does the note below the graph says about what that means. Look if there's any shading in 2017, 2018 or 2019.](https://fred.stlouisfed.org/series/GDPC1)
[Look at the year 2020, is it negative or positive?](https://data.worldbank.org/indicator/NY.GDP.MKTP.KD.ZG)
[Look at the year 2020, is it negative or positive?](https://www.statista.com/statistics/1102889/covid-19-forecasted-global-real-gdp-growth/#:~:text=In%202020%2C%20global%20Gross%20Domestic,in%202021%20by%205.8%20percent.)
[Look at the year 2020, is it negative or positive?](https://www.macrotrends.net/global-metrics/countries/USA/united-states/gdp-growth-rate)
[Look at the year 2020, is it negative or positive?](https://www.imf.org/external/datamapper/NGDP_RPCH@WEO/OEMDC/ADVEC/WEOWORLD/USA)
[Look at where it says "Real GDP" or "Current dollar GDP", does it say increase or decrease for 2020?](https://www.bea.gov/news/2021/gross-domestic-product-fourth-quarter-and-year-2020-second-estimate)
Not only are you confusing a recession with a bear market, you are also adding up Qs growth to get the year's GDP growth. LOL.
"Yen is weakening on slower Fed cuts, " is the blurb scrolling across CNBC's screen this morning.
Me: Looks at the current dot plot. Compares to June's dot plots. Notices a lower forecasted EFFR. Recalls Jerome Powell making the same comments.
Also Me: Unhappy that the calls I did enter into were not the Qs or SPX.