Financial Survival Network

Gordon and Kerry discussed the performance of the S&P 500 and its fluctuations due to COVID-19. They also explored the potential risks and impacts on the equities market, the role of Treasury Secretary Yellen in managing market liquidity, and the consequences of tighter credit and looser financial conditions. Additionally, they compared Gross Domestic Product (GDP) and Gross Domestic Income (GDI), highlighting the discrepancies and the impact of inflation on GDI. Finally, they examined the current state of the U.S. economy, expressing concern over the growing national debt and the continuous reliance on credit. S&P 500, Gold, and Bitcoin Performance Discussion Gordon and Kerry discussed a chart that depicted the performance of the S&P 500, highlighting its fluctuations and the impact of COVID-19 on its trajectory. Gordon emphasized the narrowing of the S&P 500 and the possibility of it going parabolic. He also pointed out a significant point at 51,86, which was reached and then immedia