Tuesday , October 20 2020
Home / Tag Archives: Sustainability metrics and indices

Tag Archives: Sustainability metrics and indices

Goldman Slashes Q3 GDP By 30% Due To Hurricane Disaster

Yesterday, when commenting on the impact of Hurricanes Harvey and Irma, we noted that even before the two devastating storms were set to punish Texas, Florida and the broader economy, erasing at least 0.4% GDP from Q3 GDP according to BofA and costing hundreds of billions in damages (contrary to the best broken window fallacy, the lost invested capital more than offsets the "flow" benefits from new spending, which is why the US does not bomb itself every time there is a recession to...

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Fed’s National Activity Index Tumbles To 3-Month Lows Post-Trump

As confidence and sentiment measures soar to record highs post-Trump, the real economy is just not living up to expectations. The Fed's own "National Activity Index" tumbled to -0.27 in November - the lowest in 3 months (and 4th consecutive economic contraction). CFNAI dropped to -0.27 in November as two of the four broad categories of the 85 indicators in the index decreasing in November... Production-related and consumption-and-housing-related indicators both decreased. Employment-related...

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