{"id":49,"date":"2021-03-18T11:43:51","date_gmt":"2021-03-18T15:43:51","guid":{"rendered":"http:\/\/blogs.dalton.org\/thebottomline\/?p=49"},"modified":"2021-05-19T23:25:28","modified_gmt":"2021-05-20T03:25:28","slug":"monthly-analysis","status":"publish","type":"post","link":"https:\/\/blogs.dalton.org\/thebottomline\/2021\/03\/18\/monthly-analysis\/","title":{"rendered":"Monthly Analysis: February"},"content":{"rendered":"\n<h4 class=\"wp-block-heading\">Domestic:<\/h4>\n\n\n\n<p>February has proven to be a particularly strong month for the domestic economy. Despite the fact that many industries throughout our nation are still struggling to recover from the effects of the Covid-19 pandemic, it seems as though Corporate America has already made it through the worst of it. In fact, as of Friday, February 12th, the three most-followed stock market indices in the United States, the Dow Jones Industrial Average, the S&amp;P 500, and the Nasdaq Composite, were up on the year by roughly 2.8%, 4.8%, and 9.4%, respectively. In fact, February was the first month in which the S&amp;P 500, a stock market index that measures the stock performance of 500 large companies listed on stock exchanges in the United States, had earnings that surpassed that of pre-pandemic levels, an extremely promising indicator regarding the recuperation of the economy. Despite predictions that the companies forming these indices would fall by as much as 11% this year, they have reported that their earnings per share have actually climbed in the fourth quarter. This growth is expected to continue in the coming months as analysts believe additional fiscal stimulus payments issued by the Biden administration will help support demand for U.S. stocks and equities.<\/p>\n\n\n\n<div class=\"wp-block-image is-style-default\"><figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"517\" src=\"https:\/\/blogs.dalton.org\/thebottomline\/files\/2021\/03\/Screen-Shot-2021-02-16-at-9.23.33-PM-1024x517.png\" alt=\"\" class=\"wp-image-50\" srcset=\"https:\/\/blogs.dalton.org\/thebottomline\/files\/2021\/03\/Screen-Shot-2021-02-16-at-9.23.33-PM-1024x517.png 1024w, https:\/\/blogs.dalton.org\/thebottomline\/files\/2021\/03\/Screen-Shot-2021-02-16-at-9.23.33-PM-300x152.png 300w, https:\/\/blogs.dalton.org\/thebottomline\/files\/2021\/03\/Screen-Shot-2021-02-16-at-9.23.33-PM-768x388.png 768w, https:\/\/blogs.dalton.org\/thebottomline\/files\/2021\/03\/Screen-Shot-2021-02-16-at-9.23.33-PM-1536x776.png 1536w, https:\/\/blogs.dalton.org\/thebottomline\/files\/2021\/03\/Screen-Shot-2021-02-16-at-9.23.33-PM-2048x1035.png 2048w, https:\/\/blogs.dalton.org\/thebottomline\/files\/2021\/03\/Screen-Shot-2021-02-16-at-9.23.33-PM-1920x970.png 1920w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption><sub>The past month&#8217;s performance for the S&amp;P 500, the Dow Jones Industrial Index, and the NASDAQ Index.<\/sub><\/figcaption><\/figure><\/div>\n\n\n\n<h4 class=\"wp-block-heading\">International:<\/h4>\n\n\n\n<p>COVID-19 has taken a toll on the global economy and has continued to do so in February. However, once all vaccines are distributed and stores can open again, the European economy is projected to do well this year. In the meantime, the government is still providing support to businesses and households fiscally, which will lessen the chance of an unstabilized market in most industries. China is considering banning the export of rare earth metals to the U.S, which would be catastrophic considering that they supply 80 percent of these resources to America for use by cell phones and military technology. South Africa is still struggling to combat the new COVID strain (where it originated) and is not expected to gain herd immunity in the next year. Many European countries have been hit hard this February due to a decrease in consumer spending by more than 5 percent. Germany\u2019s GDP was down 3.9 percent, making it their fourth consecutive annual decline in GDP. Along with Germany, Spain\u2019s fourth-quarter decline was even worse than its third-quarter decline. France\u2019s GDP fell 1.3 percent from the third to fourth quarters, which exceeded the expectations of many analysts. Many blame these decreases could on the rise in COVID cases from this summer. While many international countries are still struggling economically, these past few months have indicated a move towards a global recovery.&nbsp;<\/p>\n\n\n\n<p>Find the indices trend for each country <a href=\"https:\/\/markets.businessinsider.com\/indices\">here<\/a>.&nbsp;<\/p>\n\n\n\n<div class=\"wp-block-group\"><div class=\"wp-block-group__inner-container is-layout-flow wp-block-group-is-layout-flow\">\n<p class=\"has-text-align-left\"><sub>By: Natalie Martin and Charlotte Effron<\/sub><\/p>\n<\/div><\/div>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Domestic: February has proven to be a particularly strong month for the domestic economy. Despite the fact that many industries throughout our nation are still struggling to recover from the effects of&hellip;<\/p>\n","protected":false},"author":4204,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[331117],"tags":[331109,330791,331106],"ppma_author":[331123],"class_list":["post-49","post","type-post","status-publish","format-standard","hentry","category-the-bottom-line","tag-charlotte-effron","tag-monthly-analysis","tag-natalie-martin"],"authors":[{"term_id":331123,"user_id":4204,"is_guest":0,"slug":"c22nm1-2","display_name":"EBITDAlton Team","avatar_url":"https:\/\/blogs.dalton.org\/thebottomline\/wp-content\/wphb-cache\/gravatar\/254\/25498de874dab1cc6a0eafb4e96927c1x96.jpg","1":"","2":"","3":"","4":"","5":"","6":"","7":""}],"_links":{"self":[{"href":"https:\/\/blogs.dalton.org\/thebottomline\/wp-json\/wp\/v2\/posts\/49","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.dalton.org\/thebottomline\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.dalton.org\/thebottomline\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.dalton.org\/thebottomline\/wp-json\/wp\/v2\/users\/4204"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.dalton.org\/thebottomline\/wp-json\/wp\/v2\/comments?post=49"}],"version-history":[{"count":0,"href":"https:\/\/blogs.dalton.org\/thebottomline\/wp-json\/wp\/v2\/posts\/49\/revisions"}],"wp:attachment":[{"href":"https:\/\/blogs.dalton.org\/thebottomline\/wp-json\/wp\/v2\/media?parent=49"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.dalton.org\/thebottomline\/wp-json\/wp\/v2\/categories?post=49"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.dalton.org\/thebottomline\/wp-json\/wp\/v2\/tags?post=49"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/blogs.dalton.org\/thebottomline\/wp-json\/wp\/v2\/ppma_author?post=49"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}