Feb
05

GDP Gouge

GDP Gouge While 2020 US GDP growth should be about 2%, two threats that could meaningfully impact the short run are Boeing, which will reduce 20Q1 GDP by 0.4% and the Wuhan Coronavirus, which may reduce GDP by around 0.3%. Fortunately, the economic losses should be made up relatively quickly once the MAX gets recertified and the virus spread slows or a vaccine is developed, thus negatively impacting overall 2020 GDP modestly.        

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