So we always talk Economics, Financial Planning, Interest rates or other Financial “STUFF” ….
We do read other subject matters … and have a funny sense of humor (some may say weird or strange, but that is ok-haha) … We wanted to bring your attention to a soon to be released report from the Department of Defense.
In a cannot make this up manner, the December 2020 Stimulus package included the mandatory release of UFO information within six months of the bill…. that would be by the end of this month…..(Ok, so we drifted back into Financial STUFF again)
No idea why or how a UFO report release founds its way into a Stimulus bill, but again cannot make this up!
One of Many Prior Releases
In doing our research we ran across a neat release that pointed us to a video that was downloadable…..
On April 27, 2020 the Department of Defense released a Navy Pilot video…
Here is the video:
Over the last four years, there have been a dribbling of reports released. Here is a good article from Scientific American printed yesterday that takes enough sides of UFO’s, no matter your thoughts you will be supported…
Not sure why these releases are happening …
No idea why now ….
Will be very interested in reviewing the new release, which if holds on due date has to be released in the next few weeks…
Odd this was embedded into a Stimulus Bill…
Have a Great “UFO Report Release” Day!
John A. Kvale CFA, CFP
Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth
Management firm.
$treet-¢ents 
IMF Global GDP Estimates 2020-2022 From Visual Capitalist – Cool Three Year Global Estimate
We have noted multiple times to expect some roaring Economic Numbers, which is not a super prescient call due to easy year over year comparisons and the world actually reopening…. (Our curiosity is how this data is digested by Governments, Forecasters and Market Participants)
We ran across a neat Goldman micro time GDP chart recently, that has left our sight grrrrr, but is a quarter by quarter estimate that is fascinating…. we will likely find it eventually and present it here…
For now, we wanted to show this three year global GDP (Gross Domestic Production-Blunt Economic Growth Measurement) from the IMF (International Monetary Fund) –
The IMF, just like any organization misses in Forecasts …. it is not in stone, but this is a very interesting three year, more high level look at the globe as it reopens….
IMF – Visual Capitalist Global Three Year GDP Comparison
This chart was a slider and can be found directly at our friends from Visual Capitalist Here–
Year 2020 Findings we find most interesting:
USA GDP Contracts only 3.3% Wow
Global Average the same 3.3% Contraction – Wow Wow
Year 2021 ESTIMATES
Note USA estimated Growth of 6.4% – surprising low
IMF World rebound Estimate of 6% – again, surprisingly low
Year 2022 ESTIMATES – The farther you go the harder they are!
IMF US Estimate at 3.5%
Global Estimate 4.4% –
Not really what to think of this…. both seem off to us ! Clearly a USA Laggard Estimate!
This will be marked as forecast and we can look back and see how good or bad the estimates were!
Have a Great “Multi Year Global GDP Estimate” Day!
John A. Kvale CFA, CFP
Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth
Management firm.
jkfinancialinc
street-cents
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Posted in Economy, Forecast, Investing/Financial Planning, Market Comments, World Political
Tagged GDP, Global GDP, IMF, International Monetary Fund, Visual Capitalist