Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.



home / news releases / SPDN - iM's Business Cycle Index Continues Steep Decline: Update April 16 2020


SPDN - iM's Business Cycle Index Continues Steep Decline: Update April 16 2020

The US economy is in uncharted territory. The BCI signaled a recession warning on 4/2/2020. Regardless of the signal, we need to know how the COVID-19 pandemic has, or has not, influenced the calculations. Table 1 lists the economic data that the BCI uses and combines the components for the index in "real time," i.e. the data is only incorporated into the index at its publication date.

From above table, it is evident that the full effect of the COVID-19 pandemic on the BCI will only manifest itself after the March and April housing data

Read more ...

Stock Information

Company Name: Direxion Daily S&P 500 Bear 1X Shares
Stock Symbol: SPDN
Market: NYSE

Menu

SPDN SPDN Quote SPDN Short SPDN News SPDN Articles SPDN Message Board
Get SPDN Alerts

News, Short Squeeze, Breakout and More Instantly...