- Investment Literacy Coach
- Posts
- Apr 30 GDP growth contracts to 0.3% in Q1
Market
“Compared to over 2.5% GDP growth in the last 4 years each month, we have slowed to 0.3% in Q1” 😦 🤮
The markets are still consolidating and digesting so expect lower moves soon
The GDP growth was 0.3% and private sector payroll growth slowed as well to 64K vs 156K average last 3 months. This is showing a dramatic slowdown in the market, and usually means stocks will head lower.
Our subscription service gives specific entries and exits for both long term holds and swing positions. You should subscribe.
Insights from the portfolio
Video of the day
Today’s video is on Wayfair, $W ( ▼ 2.12% ) the home improvement retailer.
