CME Group Policy Responses and Outcomes to Pandemic and Support & Resistance Levels 7.14.2021

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Policy Responses and Outcomes to Great Recession and Pandemic

By Blu Putnam, Chief Economist ,CME Group

Lessons from 2008 and 2020
  • ​​​​​​Great Recession began September 2008, equities recovery started in March 2009.
  • Real GDP reached pre-recession peak in Q1 2011, jobs fully recovered in May 2014.
  • Pandemic hit U.S. equities in late February, market recovery began one month later.
  • Real GDP on track to reach or exceed pre-pandemic peak by Q2 2021.
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Good Trading

Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors.  You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time when it comes to Futures Trading.

 

Futures Trading Levels

7-15-2021

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Economic Reports, source: 

 www.BetterTrader.co

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This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts here in contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgement in trading.

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