• ABOUT – DICK YOUNG
  • YWMF – ARCHIVES

Young's World Money Forecast

Since 1978 With a 32 Year Vacation

  • DICK YOUNG
    • FROM RICHARD C. YOUNG
    • THE FINAL INTELLIGENCE REPORT
  • INVESTING STRATEGIES
    • RETIREMENT COMPOUNDERS®
    • DYNAMIC MAXIMIZERS®
    • GOLD & SILVER
  • DIVIDENDS & COMPOUNDING
    • MIRACLE OF COMPOUNDING
    • DIVIDENDS
  • GRAHAM & RUSSELL
    • BEN GRAHAM
    • RICHARD RUSSELL
  • THE DOW AND THE LEADERS
    • DOW vs. S&P 500
    • DOW vs. DOW DIVIDEND PER SHARE
  • WELLINGTON MANAGEMENT COMPANY
  • YOUR SURVIVAL GUY
  • BANK CREDIT & MONEY
  • THE PRUDENT MAN

Exactly When Did the US Economy Hit Bottom?

December 4, 2020 By Richard Young

There is no doubt that the exact low for our economy was April 2020.

Since April, and thanks to the series of measures Donald Trump has taken to rebuild the hamstrung economy he inherited from an off-track Obama team, the US economy has had an exciting rebound.

Let me show you.

Four macro-economic series give you all you need to know.

  • Manufacturers’ New Orders for Consumer Goods and Materials bottomed in April 2020 at 109,714,000,000. It has since rallied all the way back to 137,131,000,000, just a hair below the pre-bust peak reading of 137,809,000,000.
  • Construction Contracts bottomed one month later in May at 41,860,000. CCs have since rallied back to 59,430,000.
  • New Private Housing Units Started also bottomed in April at 1,066,000. The powerful post-crash rally has now produced a new major cycle peak reading at 1,545,000.
  • Residential Private Fixed Investment also bottomed in April and at 571,270,000,000. The strong post-crash rally has produced a new major cycle peak at 641,783,000,000.

Donald Trump delivered Americans the greatest job gains in history and a resilient, foundationally strong economy in the bargain. Trump needs to continue his work. And as has already been proven, all Americans will be the beneficiary. This can happen!

image_printPrint Page

Related

Filed Under: Investing Strategies

RSS New From Young Research & Publishing

  • The Vanguard Wellesley Way
  • The Three Bubbles Threatening Your Portfolio Today
  • Turkey Bans Bitcoin
  • Crushing Words to Avoid: “We’re Disappointed in You”
  • How Amazon Violates Anti-Trust Rules
  • Why Service Is King in 1(800)# Teenage Wasteland
  • Long Live the Dividend King
  • Your Port Against a Storm.
  • Inflation? Yes.
  • Banks Prepare for Boom

RSS New From Your Survival Guy

  • NJ Deli $35k in Sales, $100 Mil Valuation
  • The Three Bubbles Threatening Your Portfolio Today
  • Crushing Words to Avoid: “We’re Disappointed in You”
  • Why Service Is King in 1(800)# Teenage Wasteland
  • Inflation? Yes.
  • Fidelity Investments #1: Hires 4,000 Focuses on YOU
  • It’s as Simple as 4%? No, Not Anymore
  • One Word Explains the Worth of Your Neighbors’ House
  • Your Survival Guy Stock: Witness This Dividend Miracle
  • Your Survival Guy Stock: A Picture’s Worth a Thousand Words

Search Our Site

Richard C. Young & Co., Ltd.

–Client Letter Sign Up–

Sign up to receive email alerts when our latest client letter is posted on our website.

Copyright © 2021 · About Dick Young · Terms & Conditions