09|25|2023

Leading Indicator Watch | Sept. 22, 2023

AUTHOR: Kerry Hilsabeck, CFP®
TITLE:       Investment Adviser Rep
TAGS:   Jobs, Housing, Building, Yield Curve, S&P 500

S&P 500 is our focus this week: The S&P 500 fell by -130.26 points on the week, closing at 4,320.06 and is up 12.52% YTD. The CBOE Volatility Index (VIX) rose to 16.8 from 13, likely attributed to the news of a “higher for longer” rate outlook by the Federal Reserve.

Be sure to check out more of last week’s leading indicators here and stay tuned for Market Thoughts.

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