The Worst Quarter in Modern History

We have 2Q GDP from almost every major country around the world now officially in the books. Bank of America Merrill Lynch says it’s “the worst quarter in modern history” and there’s no reason not to agree with that assessment. Here’s my Chart o’ the Day: GDP is down a GDP-weighted average of 8.1% yoy, easily the worst quarter in modern history…The US is right in the middle of the...

The post The Worst Quarter in Modern History appeared first on The Reformed Broker.

source https://thereformedbroker.com/2020/08/20/the-worst-quarter-in-modern-history/