Chart of the Week – 10/13/2020
With The Economic Recovery Taking Shape, What Will That Shape Ultimately Look Like?
The US stock market, as measured by the S&P 500, has already completed a V-shape recovery. A significant determinant of the future path of the stock market will likely hinge on how our economic recovery continues to unfold. Economists and pundits alike have all thrown their predictions into the mix as it relates to the “shape” of our pending economic recovery. The shape they’re referring to is how our Gross Domestic Product (GDP) would look if it were charted on a line graph. Four potential shapes are outlined in the Chart of the Week.