Archive for gross domestic product

Economy Is Booming!!! Michael Douville

Posted in #PaulthePoke, Michael Douville with tags , , , , , , , , on April 27, 2021 by paulthepoke

Proverbs 9:9 Instruct a wise man, and he will be wiser still; teach a righteous man, and he will increase his learning.

Proverbs 14:6 A scoffer seeks wisdom and finds none, but knowledge is easy for one who has understanding.

Check out the latest update provided by Michael Douville, our go to guy on all things economic.

The 1st and 2nd Quarters of 2021 are proving the forecast is correct. Manufacturing, the Industrials, the Service Sector, and Housing are TERRIFIC.

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In this video, Michael provides numbers and analysis on the Purchasing Managers’ Index (PMI) data. Manufacturing is exploding. There is a shortage of supplies, materials, and products. Will we have 6-10% growth in the 2nd Quarter of 2021?

IHS Markit data on United States Gross Domestic Product (GDP) is reviewed with charts provided.

Michael also assesses Real Estate home sales across the United States. He reviews where we are in the 18 Year Real Estate Cycle. Be a full cycle investor and pay attention to the times and where we are in the cycle.

Click on the YouTube link below for Michael’s latest update.

Proverbs 1:5 A wise person will hear and increase in learning, And a person of understanding will acquire wise counsel…

Check out Michael Douville’s latest book. Now available on Amazon.

Real Estate Investing For Beginners Creating Generational Wealth

Click on the Amazon link below for details.

Economic Forecast for First Half 2021… Michael Douville

Posted in #PaulthePoke, Michael Douville with tags , , , , , , on February 20, 2021 by paulthepoke

Ecclesiastes 3:1 For everything there is a season, and a time for every matter under heaven…

1 Chronicles 12:32a And of the sons of Issachar, having understanding of the times, to know what Israel should do.

Michael lays out his forecast for the economy for the first half of the year 2021. He covers data for gross domestic product (GDP), manufacturing and industrial implications, retail numbers, food sales, inflation, and housing implications. The Forecast is on track for an explosive 1st and 2nd Quarter which should drive Housing, basic goods and commodities much, much higher.

Michael looks at data from Goldman Sachs, Case-Schiller U.S. Home Price Index, and government reports regarding employment and inflation. Where are we in the 18 year real estate cycle?

Click on the link below for Michael’s report.

https://michaeldouville.com/

The United States continues to print money at a record pace. China is tightening economic policy to strengthen their currency. Is inflation around the corner?

Just keeping an eye on the specter of hyperinflation. A hallmark of the beginning of the tribulation is hyperinflation as noted in Revelation 6 which leads to global famine. We should pay attention. Yes, this sounds over the top. It says what is says. At some point, this will happen. The question is when…

Revelation 6:5-6 When he opened the third seal, I heard the third living creature say, “Come!” And I looked, and behold, a black horse! And its rider had a pair of scales in his hand. And I heard what seemed to be a voice in the midst of the four living creatures, saying, “A quart of wheat for a denarius, and three quarts of barley for a denarius, and do not harm the oil and wine!”

Current State of the Economy, January 2021… Michael Douville

Posted in #PaulthePoke, Michael Douville with tags , , , , , , , , , , , , on January 12, 2021 by paulthepoke

One of the hallmarks of the beginning of the tribulation is hyperinflation as noted in Revelation 6. At http://Paulthepoke.com we are watching economic conditions, specifically trends regarding inflation.

Michael Douville is our go to expert on all things economic. Douville is connected with the brightest economic minds in the industry. Today, he offers his insights into the current status of the global economy.

The economy is recovering. There are still many areas that are struggling , but there are also many areas that are actually BOOMING. Manufacturing, Industrials, IT, DoD, Construction, Housing are doing very well and are poised to do even better as the Economy heals… Q1 and Q2 look great.

black and white business chart computer
Photo by Lorenzo on Pexels.com

Michael provides current economic data with regard to industrial production, commodity prices, inflation, economic recovery, monetary effects of “lockdowns”, current money supply, savings rates, gross domestic product data, and federal stimulus programs.

Where is the dollar headed? Higher or lower?

What about mortgage rates? What direction are they headed? Where are we in the real estate cycle?

Should we be weary of a “Mad Max Event”?

To contact me michael@michaeldouville.com

The video below is jam packed with real data and charts. Michael’s explanations are straight forward and to the point. No economic cheerleading or bias here, just the facts.

https://michaeldouville.com/

The Bible says hyperinflation is coming at some point in the future. Revelation 6 talks of a time when it will cost a day’s wage just to eat. Be on watch!

Revelation 6:5-6 When he opened the third seal, I heard the third living creature say, “Come!” And I looked, and behold, a black horse! And its rider had a pair of scales in his hand. And I heard what seemed to be a voice in the midst of the four living creatures, saying, “A quart of wheat for a denarius, and three quarts of barley for a denarius, and do not harm the oil and wine!”

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