Real gross domestic product (GDP) increased at an annual rate of
6.4 percent in the first quarter of 2021, according to the advance estimate released by the Bureau of Economic Analysis. In the fourth quarter of 2020, real GDP increased 4.3 percent.
emphasis addedOn a Q1-over-Q1 basis, GDP was up 0.4%.
Click on graph for larger image.
This graph shows the percent decline in real GDP from the previous peak (currently the previous peak was in Q4 2019).
This graph is through Q1 2021, and
real GDP is currently off 0.9% from the previous peak.
The advance Q1 GDP report, at 6.4% annualized, was slightly below expectations, largely due to
Shared ownership is booming among young buyers - and Redhill development is proving popular
There are a range of one and two-bedroom apartments available at SO Resi Redhill through shared ownership
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The SO Resi Redhill development is attracting significant interest
Shared ownership is proving increasingly popular among young people, with 26 to 30-year-olds accounting for 26 per cent of buyers according to research by SO Resi and Cambridge University.
One location that is proving particularly desirable is Redhill in Surrey, where SO Resi has a range of one and two-bedroom apartments available through shared ownership at its stylish SO Resi Redhill development.
Midday Market Update: The 10 Most Active Stocks Today BAC stock is leading the list Apr 15, 2021, 12:29 pm EDT April 15, 2021
It’s time for the midday market update for Thursday as several companies are on the move with various increases and decreases.
Source: Shutterstock
Before markets even opened there was plenty of trading taking place today. That includes quite a few pre-market stocks that were seeing quite a bit of movement. Investors can check out what those stocks were doing this morning at this link.
Midday Market Update
Bank of America (NYSE:
BAC) stock is the most active today with the shares down 2.6% and more than 66 million changing hands. The company’s daily average trading volume is roughly 54 million shares.
New Residential Investment Corp to Acquire Caliber Home Loans, Inc streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Today s relatively calm reaction to a fairly weak 10yr auction continues the recent tradition of bonds NOT freaking out every chance they get. . [
30 year fixed 3.28%]
emphasis added
Tuesday:
NFIB Small Business Optimism Index for March.
• At 8:30 AM, The
Consumer Price Index for March from the BLS. The consensus is for 0.5% increase in CPI, and a 0.2% increase in core CPI.
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Calculated Risk on