Leading Indicator Watch | June 17, 2022

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

Highlights from the June 17th Leading Indicator Watch: Retail Sales (MoM)(May) fell -.3%, confirming inflation’s impact on discretionary spending (includes auto purchases). Core Retail rose .5% but was below expectations. Be sure to check out more of last week’s Leading Indicators here and stay tuned for the latest in Market Thoughts.