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Week in Review Process

Week in Review | financial news, news review, foreign affairs and economic commentary

Week in Review

The day begins at 5:00 a.m., as Brian Trumbore reads some 15 papers online, as well as hard copies of two or three other journals, to glean all the financial news as well as geopolitical items from around the world to begin to build the week in review. Throughout the day, it’s a non-stop news review, in essence, as the financial news piles up.

At 4:00 p.m., it’s time to review many of the same online sources following the market’s close, and then around 7:30 p.m., its back to some of the other global sources, plus over 20 business and political journals that arrive weekly and monthly for more financial news and foreign affairs, all part of the week in review. Then the next morning it starts all over again, seven days a week.

Week in review is the only column of its kind that truly supplies one with all the geopolitical and financial news that both the average investor and follower of the world scene needs to compete in our information age.  Online Investor magazine rated StocksandNews.com No. 1 for economic commentary for 2000-2002 and we’ve only gotten better since.

Updated every Saturday, check out week in review, available only at StocksandNews.com. Edited by Brian Trumbore.

 

      
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Wall Street History

11/28/2018

U.S. GDP

GDP, gross domestic product, is revised twice for each quarter, so after the most recent revision on third-quarter GDP today, unchanged from the first look at 3.5%, time to revise a piece of mine to include the latest data, as reported by the U.S. Bureau of Economic Analysis. 

Currently, estimates on fourth-quarter growth are for 3 percent or less.

Annualized rates of growth (or contraction).  You will see a few repeat numbers, these aren’t typos.

Q3 2018...3.5 percent
Q2 2018...4.2
Q1 2018...2.2
Q4 2017...2.3
Q3 2017...2.8
Q2 2017...3.0
Q1 2017...1.8
Q4 2016...1.8
Q3 2016...1.9
Q2 2016...2.3
Q1 2016...1.5
Q4 2015...0.4
Q3 2015...1.0
Q2 2015...3.3
Q1 2015...3.3
Q4 2014...1.9
Q3 2014...4.9
Q2 2014...5.1
Q1 2014... -1.0
Q4 2013...3.2
Q3 2013...3.2
Q2 2013...0.5
Q1 2013...3.6
Q4 2012...0.5
Q3 2012...0.5
Q2 2012...1.7
Q1 2012...3.2

And...yearly annualized GDP...these numbers are different than a simple average of the four quarters.

2017...2.2
2016...1.6
2015...2.9
2014...2.5
2013...1.8
2012...2.2
2011...1.6
2010...2.6
2009... -2.5
2008... -0.1
2007...1.9

Wall Street History returns in a few weeks.

Brian Trumbore