05|27|2025

Leading Indicator Watch | May 23, 2025

Yield Curve: Yields ended higher for the 4th straight week. 2-year yields rose from 3.98% to 4.00%. 10-year yields climbed from 4.43% to 4.51%, pushing down the prices of...

05|19|2025

Leading Indicator Watch | May 16, 2025

Consumer Goods & Materials: Consumer Price Index (CPI) (MoM)(Apr) rose 0.2%, less than the 0.3% forecast. Year-over-year it rose 2.3%, less than forecast and the lowest reading since February...

05|12|2025

Leading Indicator Watch | May 9, 2025

Manufacturing & Services: ISM Non-Manufacturing (Services) PMI increased to 51.6 (Apr) from 50.8 (Mar), exceeding expectations. April marked the 10th consecutive month of expansion for the sector. 50 marks...

05|07|2025

Gearing Up | May 2, 2025

Markets built on last week’s progress as earnings continue to show strength. Will growth stall or is the economy gearing up for the next expansion?  Monday               S&P 500 0.06%...

05|05|2025

Leading Indicator Watch | May 2, 2025

Unemployment: Jobs data were mixed this week. Nonfarm payrolls rose by 177,000 (Apr), exceeding the 138,000 forecasted. However, JOLTS job openings fell from 7.480M (Feb) to 7.192M (Mar), missing...

04|30|2025

Time to Celebrate? | April 25, 2025

Markets popped the confetti this week. Is the hype with merit or is it too early to celebrate?  Monday               S&P 500 2.36% | NASDAQ 2.55% In an otherwise uneventful...

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...