Thursday, May 28, 2020

Economic Numbers -- May 28, 2020

GDP, link here:
  • 1Q20
  • prior: -4.8%
  • forecast: -4.8%
  • actual: -5.0%
  • real consumer spending: -6.8%
  • price index, q/q: 1.4%
Jobless claims, link here:
  • prior: 2.438 million
  • revised: 2.446 million
  • consensus: 2.1 million
  • actual: 2.123 million
Off the net for awhile -- Uber-granddaughter driving.

Market:
  • Dow futures: up 163 points
  • S&P futures: up 3.25 points
  • NASDAQ futures: down 95 points
Business headlines:
  • the Hertz story keeps getting worse 
  • AAPL: down a bit in pre-market trading
Disclaimer: this is not an investment site.  Do not make any investment, financial, career, travel, job, or relationship decisions based on what you read here or think you may have read here.

Love him or hate him, he does cut through the fog:

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Another Sophia Story
I don't know if you know that you can subscribe to "channels" on YouTube. I never subscribe, of course.

Tonight, when we were driving from our apartment to her house, Sophia nonchalantly asked me what "Subscribe" means on YouTube.

Either she sounded out that word herself or someone read it to her somewhere. I certainly did not read "Subscribe" to her on videos on YouTube. I never even thought to mention them to her.

It was difficult for me to describe but I asked her what she does when she sees the "Subscribe" button.

She says she just clicks on it and moves on. LOL.

I wonder how many YouTube "channels" I'm subscribed to. LOL.

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