04|28|2025

Leading Indicator Watch | April 25, 2025

Housing and Building: Existing Home Sales declined to 4.02M (Mar) from 4.27M (Feb), reflecting a month-over-month drop of 5.9%. Building permits increased from 1.459M (Feb) to 1.467M (Mar), but...

04|22|2025

Deep Breath | April 18, 2025

Trading was less volatile this week but fell lower. Are markets becoming more patient or are they just taking a breather?  Monday               S&P 500 0.79% | NASDAQ 0.64% Trading...

04|21|2025

Leading Indicator Watch | April 18, 2025

Retail Sales: Retail Sales (MoM)(Mar) jumped 1.4%, the largest monthly increase since January 2023. Core Retail Sales (MoM)(Mar) were also positive, though the increase was a more modest 0.5...

04|14|2025

Leading Indicator Watch | April 11, 2025

In reviwing Core Consumer Prices (excluding volatile food and energy), they rose just 0.1% in March which were below expectations and the smallest monthly increase since June 2024. On...

04|07|2025

Leading Indicator Watch | April 4, 2025

S&P 500: The S&P 500 declined by 506.86 points last week, closing at 5,074.08 and bringing its YTD return to -13.73%. This marked the index’s sharpest weekly pullback in...

03|24|2025

Leading Indicator Watch | March 21, 2025

Retail Sales: Retail Sales (MoM)(Feb) ticked up just 0.2%, falling short of the 0.6% forecast. The reading points to a possible slowdown in consumer spending, which is a key...

03|18|2025

Leading Indicator Watch | March 14, 2025

S&P 500: The S&P 500 declined for the fourth week in a row, dropping -131.26 points, and closing at 5,638.94 (down -4.13% YTD). The CBOE Volatility Index (VIX) settled at...

03|10|2025

Leading Indicator Watch | March 7, 2025

Manufacturing & Services: February’s ISM data showed a divergence between sectors. Manufacturing PMI decreased from 50.9 to 50.3. Non-Manufacturing (Services) PMI rose from 52.8 to 53.5. 50 marks contraction/expansion. Be...

03|03|2025

Leading Indicator Watch | February 28, 2025

Consumer Goods & Materials: The Core PCE Price Index (Jan) (MoM) rose 0.3%, as expected. The index increased by 2.6% YoY, the lowest since last July. Core PCE, which...

02|25|2025

Leading Indicator Watch | February 21, 2025

Housing and Building: Housing starts (MoM) (Jan), which measures the change in the number of new constructions underway, declined 9.8%. The annualized number came in at 1.366M, less than...