And just like that, the longest economic expansion the U.S. has ever seen is over.
GDP data for the U.S. first quarter came out 4.8% lower today, and while investors were preparing for an annualized drop of 5%, the report is still incredibly alarming.
Six years of growth are gone in the matter of two months.
There’s an urgency to restart the economy, including from President Trump. He’s asking some governors to lift lock-downs amid re-election.
In today’s video, I’m also covering whether top tech stocks will rally… the weakest sector right now… a high probability trade with entry and stop loss… and the best way to profit from the industrial sector.