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home / news releases / AAAU - Deflation Or Inflation: That Is The Question


AAAU - Deflation Or Inflation: That Is The Question

The full impact of the COVID-19 pandemic will likely become clear by the end of the second quarter. The unemployment rate is already an astounding 14.7% (and in reality closer to 20%). Initial claims remain at stratospheric levels, though they have come down in recent weeks. GDP growth fell to -4.8% in Q1, mostly given that the pandemic did not take hold until mid-March. Estimates for Q2 growth range from -20% to -30%.

And yet, the S&P 500 has rallied over the past six weeks off the lows of March 23, increasing by nearly 30%

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Stock Information

Company Name: Goldman Sachs Physical Gold ETF
Stock Symbol: AAAU
Market: NYSE

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