Leading Indicator Watch | May 19, 2023

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

Much of the economic activity currently is focused on debt limits. One such leading indicator, the S&P 500, rose 67.90 points, closing at 4,191.98 which is up 9.18% YTD (increase of 1.77% for the week). Much of the gain was attributed to optimism surrounding debt limit negotiations.

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

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