05-01-2020: U.S. GDP Downsized By 4.8% In First Quarter
Episode 46 min 38s

05-01-2020: U.S. GDP Downsized By 4.8% In First Quarter

Amid the steepest contraction since the financial crisis, consumer spending, nonresidential fixed investment, exports and inventories were the biggest drags on U.S. economy.




Today's Stocks & Topics: Amazon Numbers, Mortgage Rates, DISH - DISH Network Corp. Cl A, GE - General Electric Co., SBUX - Starbucks Corp., Mortgage Furlough, OUT - Outfront Media Inc., CCO - Clear Channel Outdoor Holdings Inc., Life Insurance, RDS.A - Royal Dutch Shell PLC ADR Cl A, RDS.B - Royal Dutch Shell PLC ADR B, BX - Blackstone Group Inc., OXY - Occidental Petroleum Corp., PG - Procter & Gamble Co., AMTD - TD Ameritrade Holding Corp.





TRIVIA QUESTION: "During past outbreaks of infectious diseases, including HIV/AIDS, SARS, and the Swine Flu, how has Wall Street reacted?"




Plus: Key Benchmark Numbers and Market Comments for: Oil, Gasoline, Gold and Treasury Yields.



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