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Written by rjs, MarketWatch 666First quarter GDP revision; April's personal income and outlays, durable goods, and new home salesThe key economic releases of the past week were the second estimate of 1st quarter GDP from the Bureau of Economic Analysis and the April report on Personal Income and Spending, also from the BEA, a report which provides 23% of 2nd quarter GDP.

Market Watch 666 For 28February 2021 Fourth quarter GDP revision; January’s income and outlays, durable goods, and new home sales Please share this article - Go to very top of page, right hand side, for social media buttons. This week also had the release of the Chicago Fed National Activity Index (CFNAI) for January, a weighted composite index of 85 different economic metrics, which rose to +0.66 in January from +0.41 in December, which was revised from the +0.52 reported for December last month... after revisions, the 3 month average of the CFNAI slipped to +0.47 in January from a revised...

By Global X In 2020, annual outlooks quickly became obsolete as the COVID-19 pandemic caught the world by surprise. Nearly a year later, we believe massive stimulus efforts, vaccine development and distribution, and new political agendas put us on a  likely more predictable path to recovery. Yet if 2020 taught us anything, it’s to never underestimate the unpredictable. In this 2021 outlook, Global X’s CIO and Research teams provide our insights and expectations for the year ahead, covering topics from the macroeconomic landscape, to disruption amid a return to normalcy, interest rates a...