(05-26-2020, 10:18 AM)BostonCard Wrote: 100,000 known deaths from COVID-19 in the US. Yes, an arbitrary round number that ends in zero doesn't really change the reality on the ground, but still it is sad to see us cross this death toll.
BC
A very sad milestone. And next month, we will likely hit 2 million American COVID-19 cases.
There are three other milestones expected tomorrow:
1. Another 2 million+ filing initial unemployment claims, climbing past the 40 million mark since 3/14.
2. Durable goods orders are predicted to drop 18%, following a 14.7% decline in March.
3. First quarter GDP growth will face a revision. Currently, it is a 4.8% annualized drop.
Friday will bring the personal income (7% drop) and personal spending (12% drop) releases. Both drops will be the worst ever recorded.