06|08|2020

Leading Indicator Watch | June 5, 2020

Patience

The big headline for our leading indicator watch came out of unemployment news last week which sent the markets surging. The Unemployment Rate was predicted to be 19.7% but came in at 13.3%. While our economy has ground to make up as U6 Unemployment Rate is 21.2%, to come in ahead of the prediction signals a bullish market. To view my notes and our other indicators, please click here and stay tuned to Market Thoughts!