For reference purposes, below is a chart reflecting Real GDP, as depicted, with value $24,111.830. This chart incorporates the Gross Domestic Product, 4th Quarter 2025 (Advance Estimate) of February 20, 2026:

source: U.S. Bureau of Economic Analysis, Real Gross Domestic Product [GDPC1], retrieved from FRED, Federal Reserve Bank of St. Louis; accessed February 20, 2026: https://fred.stlouisfed.org/series/GDPC1
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I post various indicators and indices because I believe they should be carefully monitored. However, as those familiar with this site are aware, I do not necessarily agree with what they depict or imply.
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The Special Note summarizes my overall thoughts about our economic situation
SPX at 6895.36 as this post is written
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