|AUTHOR: Kerry J. Hilsabeck, CFP® |
TITLE: Investment Adviser Rep
TAGS: Unemployment, Consumer Goods & Materials, Housing & Building, Yield Curve, S&P 500
Highlights from the May 7, 2021 Leading Indicator Watch: Weekly Initial Jobless Claims fell to 498K from 590K. Unemployment rose to 6.1%. Nonfarm payrolls rose 266K when 978K were expected. Be sure to check out last week’s other leading indicators here and stay tuned for Market Thoughts tomorrow!