The U.S. economy contracted 5% in the first quarter of 2020.
With the coronavirus crisis continuing into the summer, economists are expecting an even steeper contraction in the second quarter. WSJ's Carter McCall explains how GDP is calculated and how the coronavirus is impacting the equation. Photo Illustration: Jacob Reynolds/WSJ
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US companies brought home foreign profits and invester withdrawing Chinese money markets due to yield tumble and both in korona contractions:does it forebode any thing of consequance to US/global financial markets? Yield tumble in Chinese markets/economy is an index of direction?
Geez, what about currency losses? The USD rocketed up while other currencies fell like a rock. Hindsight is everything though.