Now that full-year GDP numbers are out I can finish the 2023 year-in-review series by taking a look at major economic indicators.
Blog articles about "Economy".
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- 2016 Review: Economy Edition
- 2015 Review: Economy Edition
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- 2013 Review: Economy Edition
In 2022 employment remained tight, inflation was sky high, economy grew moderately and housing took a turn for the worse.
Fed’s toolkit in fighting inflation – what can they do, what have they done so far, what are they likely to do in the near future.
Labor market recovered in 2021 and has become very tight. GDP saw a robust increase while inflation hit 40-year high. Housing remained very strong despite rising interest rates.
If you are a gas guzzler-driving renter with six kids who eats bacon-wrapped steak at every meal, is allergic to vegetables, often stays at hotels and buys another used truck every 6 months, you are screwed. If you are a 65-year old electric car-driving vegetarian homeowner, you are sitting pretty.
Reviewing major stories of 2021 and how they affected the major asset class performance
Now that full-year GDP numbers are out I can finish the 2020 year-in-review series by taking a look at major economic indicators. Needless to say last year’s economic datapoints will be massive outliers on long-term charts for years and decades to come.
To analyze impact of major COVID developments, I created two baskets of stocks. Each is a simple equally-weighted 20-stock basket with 5% allocation to every company. I chose the stocks subjectively and tried to represent various “angles” of the COVID trade without having too many airlines, online retailers or medical plays.
Despite market volatility, the economy remained on solid footing in 2018
The economy finished 2017 on solid footing, tax reform to add more “oomph”