08|05|2024

Leading Indicator Watch | August 2, 2024

Jobs data jolted markets on Friday with the Nonfarm Payrolls (Jul) falling well short of forecasts. Only 114k jobs were added compared to an estimated 176k. The unemployment rate...

07|29|2024

Leading Indicator Watch | July 26, 2024

Consumer Goods & Materials: The Core Personal Consumption Expenditure (PCE) Price Index (MoM)(Jun) increased slightly from 0.1 to 0.2%, meeting expectations. The YoY (Jun) reading held firm at 2.5%....

06|03|2024

Leading Indicator Watch | May 31, 2024

The money supply, including time deposits, rose $26B to $20.867T (Apr) which reflects cash accumulating in money market funds with their attractive yields. Money supply is running 73.8% of...

05|28|2024

Leading Indicator Watch | May 24, 2024

Michigan Consumer Sentiment confirmed it has weakened markedly following a robust 1st Quarter 2024 with the gauge dropping to 69.1 (May) from 77.2 (Apr).  Be sure to check out...

06|27|2022

Leading Indicator Watch | June 24, 2022

Highlights from the June 24th Leading Indicator Watch: The S&P 500 rose by 236.90 points, ending at 3,911.74 and is down 17.93% YTD (out of bear market territory). The...

09|29|2020

Leading Indicator Watch | September 25, 2020

We’ve seen the big picture yesterday in Market Thoughts and understand that the Markets are experiencing volatility. Let’s step back and look at the economic indicators data that led...

housing

08|24|2020

Leading Indicator Watch | August 21, 2020

Our leading indicator watch last week showed positive, forward momentum in Building Permits, Housing Starts, and Existing Home Sales for July while Unemployment week to week continues a volatile...

economic activity

10|28|2019

Leading Indicator Watch | Oct. 25, 2019

Strong indicators last week led to strong market performance. Take a look at the data that supported market performance here.