Leading Indicator Watch | May 20, 2022

AUTHOR: Kerry J. Hilsabeck, CFP®
TITLE:    Investment Adviser Representative
TAGS:     S&P 500, NASDAQ, Rates, Inflation

Highlights from the May 20th Leading Indicator Watch: Building Permits, Housing Starts and Existing Home Sales (MoM)(Apr) declined by -3.2%, -.2% and -2.4%, respectively, with rising interest rates & low inventory. Be sure to check out more of last week’s Leading Indicators here and stay tuned for the latest in Market Thoughts.