Once again, all eyes on Wall Street are fixed on the debt limit showdown and there is a steady stream of headlines and news reports about the impending crisis that is quickly approaching.
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Small business optimism sinks to decade low
The NFIB Small Business Optimism Index fell to the lowest level in a decade in April as small business owners prepare for tough times ahead…
Subscribe To Read MoreRegional Fed Manufacturing Surveys continue to spell trouble
Regional manufacturing surveys from the Federal Reserve continue to languish as economic challenges persist...
Read MoreLeading Economic Index continues to falter
The Conference Board’s Leading Economic Index has fallen for the 12th straight month as it further solidifies its recessionary warning signal…
Subscribe To Read MoreLatest Inflation Numbers Seem Hopeful, But Be Careful What You Wish For
While falling inflation seems like a positive development, drops of this magnitude often occur when economic conditions are collapsing and there is little the Fed can do to save the day…
Subscribe To Read MoreSmall businesses remain under pressure
The NFIB Small Business Optimism Index declined in March to remain at a historically low reading…
Subscribe To Read MoreCoppock Guide “ticks” upward… but is it a signal?
The Coppock Guide ticked higher in March, yet there are many important factors that can help put this positive signal into context…
Subscribe To Read MoreBellwether Index registers a warning flag
The sudden underperformance of our Bellwether Index has triggered a warning flag that should not be ignored...
Read MoreThe Fed is stuck between a rock and a hard place
The FOMC finds itself in a tough position as inflationary forces persist while the banking system has started to show some vulnerabilities…
Subscribe To Read MoreBearish Distribution reemerges!
The reemergence of Distribution in our Negative Leadership Composite signals that the bears may have regained control of the stock market…
Subscribe To Read MoreMortgage applications sink to a 28-year low!
Homebuyer demand continues to deteriorate as mortgage rates remain near multi-decade highs...
Read MoreLatest inflation report points to further Fed rate hikes ahead
Persistent inflationary pressures continue to keep the Federal Reserve on a tightening path…
Subscribe To Read MoreSelling Vacuum signal emerges for first time since 2020
Our Negative Leadership Composite has started to generate a positive signal as the technical data continues to improve…
Subscribe To Read MoreWill the ‘real’ GDP please stand up?
The Advance Estimate for Q4 2022 Real GDP came in at 2.9%, down from 3.2% for Q3 but better than consensus. This may seem like a win against recessionary warning flags, but it doesn’t tell the whole story.
Read MoreLeading Economic Index continues its slide
The worsening decline in the Leading Economic Index means that a U.S. recession may have already arrived…
Subscribe To Read MoreDebt Limit Showdown! – Will the U.S. Government Default
The headlines are progressively warning of dire consequences if the U.S. Government defaults… We say: don’t panic!
Read More[Potentially] bullish Breadth Thrust emerges from the bear market lows
A breadth thrust has emerged for the first time since June 2020, a technical development deserving of careful consideration...
Read MoreService Sector shockingly plunges into contraction
The ISM Services Index suffered its third largest drop in history in December and it is another indicator sending a decisive recession warning flag…
Subscribe To Read MoreLeading Economic Index points to hard times in 2023
The Leading Economic Index suffered its worst decline since the pandemic, as recession appears to be quickly approaching…
Subscribe To Read MoreCanary Index leads the break to new lows
Our Canary (in the coal mine) Index breaking to new lows could be a prelude to what lies ahead for the broader market...
Read MoreInflation eases, yet challenges for the Fed remain
The Consumer Price Index continued to ease in the latest report, yet one key measure shows that wages remain a persistent inflationary force…
Subscribe To Read MoreManufacturing falls into contraction for the first time since the pandemic
The ISM Manufacturing Index fell more than expected in November and is close to raising a recession warning flag…
Subscribe To Read MoreConsumers grow more pessimistic heading into the holidays
Consumer Sentiment remained at one of the worst readings in its 60+ year history in November as inflation expectations rebounded and labor market conditions start to deteriorate…
Subscribe To Read MoreLeading Economic Index suffers sharpest drop since pandemic-induced recession
The Conference Board's Leading Economic Index declined for the 8th straight month as it solidifies its recessionary warning flag.
Read MoreSmall business optimism remains downtrodden heading into year-end
Small business owners remain pessimistic as they contend with many challenges, including persistent inflation pressures and falling customer demand.
Subscribe To Read MoreStrong wage growth complicates the Fed’s inflation fight
The Employment Cost Index remained at a very high level in Q3, which adds further pressure on the Fed to remain on their tightening course.
Subscribe To Read MoreHomebuilders warn of more pain ahead
NAHB Builder Confidence declined for a record 10th month in a row in October as housing conditions continue to deteriorate...
Read MoreCore inflation reaches a new 40-yr high
The Core Consumer Price Index jumped to the highest level since 1982 in September, and broadening inflation pressures show that today’s inflation problem is far from over…
Subscribe To Read MoreGorilla Index’s breakdown is a bad omen
Our Gorilla Index has plunged through its lower support level and is making new lows, indicating that the broad market may be soon to follow…
Subscribe To Read MoreThe labor market weakens, but key data will keep the Fed on a tightening path…
There is growing evidence of weakness in the U.S. labor market, yet data which matters most to the Federal Reserve is keeping them on a tightening course…
Subscribe To Read MoreSoaring interest rates point toward further Fed tightening
Skyrocketing interest rates have pushed stocks to new lows and indicate that the Federal Reserve still has a ways to go before they can stop tightening monetary policy…
Subscribe To Read MoreLeading Economic Index solidifies its recession warning
With the Conference Board's Leading Economic Index declining for the sixth straight month, recession is looking increasingly inevitable...
Read MoreHas a pinhole been put into this housing bubble?
It is no secret that the housing market has gone ballistic over the past two years. Yet, there is now growing evidence that extremes in the housing market are coming unwound...
Read MorePressure Factor reaches a historically extreme level…
Our short-term Pressure Factor just reached the second most overbought level of the past decade – a big potential headwind for the market in the days or weeks ahead…
Subscribe To Read MoreLabor market expands but shows increasing weakness in August…
Headlines are cheering that 315K jobs were added in August, but the labor market looks a lot less stable when we look below the surface…
Subscribe To Read MoreLatest housing data – look out below!
New home sales continued to plunge in July as the faltering housing market represents a growing risk to the U.S. economy.
Read MoreBreadth Thrusts: What is this bullish confirmation tool telling us today?
Breadth thrusts have been one of the most reliable confirmations that a new bull market has begun, so is this tool validating the recent stock market rally?
Read MoreHousing risks continue to accumulate
Homebuyer traffic has continued to collapse in the midst of this affordability crisis, increasing the risk of a hard landing for housing…
Subscribe To Read MoreInflation declines, but investors shouldn’t celebrate just yet…
Equities rallied on the decline in inflation last month, but key data shows it may not be the bullish development many are hoping for…
Subscribe To Read MoreLatest employment data appears strong, but there’s a catch…
Today’s employment report was stronger than expected, but leading indicators suggest that this strength may not last for long…
Subscribe To Read MoreBroadening inflation keeps pressure on the Fed
A key measure shows that inflation broadened by the largest amount on record in June – increasing pressure on the Fed to regain control over inflation…
Read MoreForget the backward-looking recession debate – the worst likely lies ahead for the US economy…
Many are debating whether or not the U.S. is in recession after real GDP growth declined for the second straight quarter. More important to investors, however, are the concerning signals being sent by the leading economic data…
Subscribe To Read MoreLeading Economic Index verging on recessionary signals
The Conference Board’s Leading Economic Index has declined for the fourth straight month and is now on the brink of giving multiple recessionary warning flags…
Subscribe To Read MoreHomebuilder confidence posts second-largest plunge on record in July
Builder Confidence from the National Association of Home Builders (NAHB) cratered in July as unprecedented affordability challenges weigh on homebuyer demand…
Subscribe To Read MoreNFIB Small Business Survey – Just when you thought it couldn’t get any worse…
NFIB Small Business Optimism plunged further in June as recessionary warning flags continue to emerge...
Read MoreRecession risk rises as jobless claims reach worst level in eight months
Jobless claims have surged to an 8-month high as another recessionary warning flag emerges…
Subscribe To Read MoreManufacturing tumbles in June – confirming a likely U.S. recession
The ISM Manufacturing Index declined further in June, and an internal component suggests that the risk of recession is rising rapidly...
Read MoreConsumers’ outlook darkens as inflation expectations surge to new highs
Consumers’ outlook for the future continues to deteriorate as inflation expectations surge to new highs – is inflationary psychology is becoming ingrained in the minds of consumers?…
Subscribe To Read MoreLEI – On a collision course with recession?
The Conference Board’s Leading Economic Index (LEI) has fallen for the third straight month and is suggesting that an economic slowdown and possible recession may be in store for the U.S. economy.
Subscribe To Read MoreTraffic of prospective home buyers plunges as affordability challenges worsen
NAHB Traffic of Prospective Buyers collapsed further in June as soaring mortgage rates and deteriorating affordability have put the housing market in a vulnerable position...
Read MoreInflation unexpectedly jumps to a 40-yr high, sending Consumer Sentiment to a 70-yr low!
As inflation has proven to be stubbornly persistent, consumers have become the most pessimistic of any time since 1952 as recession risks start to mount...
Read MoreService sector slows to a two-year low
The ISM Services Index has fallen to the lowest level since May 2020, but the fact that it remains in expansion territory will pressure the Fed to continue tightening in the months ahead.
Subscribe To Read MoreConsumer Sentiment hits a new low in a sign of caution for the U.S. economy
As Consumer Sentiment becomes more and more depressed, the U.S. economy is in a vulnerable position with spending beginning to soften…
Subscribe To Read MoreLatest data flashing “RED” for the housing market!
Just released housing data reveals a sharp drop in new home sales and surging inventory – confirming a probable “hard landing” ahead for housing…
Read MoreTraffic of prospective buyers collapses – an early warning flag for the housing market
NAHB Traffic of Prospective Buyers fell by the second-largest amount on record in May, indicating that the housing market is now skating on thin ice…
Subscribe To Read MoreMargin Debt solidifies our ‘red flag’ warning
Margin debt continued to decline in April and is confirming that a longer-term stock market peak is likely in place...
Read MoreInflation cools slightly, but its persistence will keep the Fed on a tightening path
Inflation ticked lower in April, but its persistence surprised many and is likely to keep the Fed tightening monetary policy in the months ahead.
Subscribe To Read MoreCrypto miners break critical support. Could Bitcoin be next?
[Updated May 9] Earlier this year, we began tracking 10 of the leading crypto mining stocks to warn of a potential loss of exuberance surrounding the crypto-mania…
Subscribe To Read MoreResilient ISM Surveys show signs of initial weakness
While the ISM surveys remain at historically strong levels, the combination of high prices and falling demand could weigh on companies in the months to come…
Subscribe To Read MoreThe battle between consumer confidence and inflation “heats” up
Consumer Sentiment rebounded in April after suffering its second worst 11-month skid in history… however, one important component has reached its most worrisome level in over 40 years.
Subscribe To Read MoreGorilla Index tests another critical support level
Following the pandemic-induced crash of 2020, we developed our new Gorilla Index as we recognized that just 10 mega-cap momentum stocks accounted for a disproportionately large 27% weight in the S&P 500 Index...
Read MoreThe Leading Economic Index advances but it’s not all good news…
The Conference Board’s Leading Economic Index (LEI) gained 0.3% in March, indicating that economic growth is likely to continue in the months ahead…
Subscribe To Read MoreSoaring mortgage rates hit the brakes on home buyer traffic
Traffic of Prospective Buyers from the National Association of Home Builders (NAHB) fell for the fourth straight month after this month’s six point decline.
Subscribe To Read MoreMargin debt craters in March!
Margin debt has joined the ranks of emerging warning flags after falling significantly in March.
Subscribe To Read MoreInflation surges higher, taking small business optimism to new lows
The Consumer Price Index (CPI) surged to 8.5% on a year-over-year basis in March, the highest reading since 1981.
Read MoreService sector shows resilience despite record inflation challenges
The ISM Services Index increased by 1.8 points to a reading of 58.3 in March, its first gain in four months.
Subscribe To Read MoreManufacturing slows as prices remain hot
The ISM Manufacturing Index fell to an 18-month low in March, due largely to new orders falling by the fastest clip since the COVID-19 induced recession in early 2020.
Subscribe To Read MoreInflation sets (another) record
Personal Consumption Expenditures (PCE) climbed to +6.4% in February, its 15th straight monthly gain which ties the prior record set in 1980.
Subscribe To Read MoreConsumer Sentiment craters as inflation expectations hit a 41-year high
The Consumer Sentiment survey from the University of Michigan plunged further below its pandemic lows in March as inflation expectations surged to the highest level since 1981.
Read MoreLEI nudges higher in February but risks to growth remain
The Leading Economic Index (LEI) from the Conference Board edged higher by 0.2% in February, yet the gain was not enough to offset half of the prior month’s -0.5% loss.
Subscribe To Read MoreInflation surges to a new high ahead of next week’s Fed meeting
The overall Consumer Price Index (CPI) jumped +0.4% to +7.9% in February, the highest reading since January 1982.
Subscribe To Read MoreSmall Business Optimism sinks as price hikes hit a record high
The Small Business Optimism Index from the National Federation of Independent Business unexpectedly fell to the lowest level in over a year as surging inflation and labor shortages continue to be headwinds.
Subscribe To Read MoreService sector unexpectedly slows to a 12-month low
The ISM Services Index dropped to a reading of 56.5 in February versus economists’ expectations for an increase to 60.9.
Subscribe To Read MoreManufacturing improves after a three-month skid
The ISM Manufacturing Index jumped by one point and remains at an historically strong reading of 58.6 after having contracted for the previous three months.
Subscribe To Read MoreInflation surges to a 40-year high
Personal Consumption Expenditures (PCE) rose to +6.1% in January, the highest reading in 40 years.
Read MoreOur leading housing index breaks below initial support
Our Housing [Bubble] Bellwether Barometer has broken under its initial support level as mortgage rates have spiked to 3.9%.
Subscribe To Read MoreLeading economic indicators slow unexpectedly to start the year
The Leading Economic Index (LEI) from the Conference Board fell by -0.3% in January, notably lower than economists’ expectations for a +0.3% increase.
Subscribe To Read MoreMargin debt plunges in January
Margin debt has joined the list of bear market warning flags as it cratered to start the year.
Read MoreInflation takes a big hit on Sentiment!
Consumer Sentiment from the University of Michigan unexpectedly cratered to an 11-year low in February as inflation continues to weigh heavily on the consumer.
Subscribe To Read MoreSmall Business Optimism falls further as inflation soars
Small Business Optimism from the National Federation of Independent Business fell to an 11-month low in January as inflation continues to be challenging
Read MoreService Sector loses some steam, but increases pressure for rate hikes ahead
The ISM Services Index declined to start 2022, as persistent labor and supply chain shortages weighed on the measure.
Subscribe To Read MoreManufacturing softens for the third straight month
The ISM Manufacturing Index continued to moderate in January, as its third consecutive decline brought it down to a 16-month low.
Subscribe To Read MoreConsumer Sentiment hits new lows on inflation concerns
Consumer Sentiment from the University of Michigan fell further below its pandemic lows this month as inflation concerns continue to mount.
Subscribe To Read MoreThe InvesTech Gorilla Index loses technical support
During the final years of the 1990s Tech Bubble, we observed an interesting dynamic where a relatively small number of mega-cap stocks became responsible for the majority of the stock market’s advance.
Read MoreNew highs in the Leading Economic Index come with a warning from the Conference Board…
The Conference Board’s Leading Economic Index (LEI) improved by 0.8% in the final reading of 2021, with only one of its ten components contributing negatively…
Subscribe To Read MoreHomebuilder confidence dips – has it peaked for this cycle?
NAHB Builder Confidence declined by one point to a reading of 83, yet the measure is still at a very strong historical level.
Subscribe To Read MoreInflation continues to hit consumer attitudes
The University of Michigan’s measure of Consumer Sentiment declined slightly in January’s preliminary reading to reach the second lowest level of the past decade.
Subscribe To Read MoreConsumer prices rise at fastest pace since 1982
Inflation as measured by the Consumer Price Index (CPI) climbed to +7.0% in December, the highest reading in nearly 40 years and a far cry from last December’s print of +1.4%.
Subscribe To Read MoreSmall business optimism inches higher but inflation continues to weigh
NFIB Small Business Optimism gained just 0.5 points in December to remain at a relatively depressed reading of 98.9.
Subscribe To Read MoreCanary Index plunges below critical support
Our InvesTech Canary (in the coal mine) Index has been testing its critical support level for the last few weeks. On Wednesday, the Index -7% loss definitively broke support.
Read MoreService sector is hampered by Omicron
The services sector finished 2021 on a significantly weaker note, as the ISM Services Index fell to a reading of 62.0 versus expectations of 67.0.
Read MoreManufacturing disruptions start to moderate
The ISM Manufacturing Index moved lower by 2.4 points in December, yet the Index remains at a historically strong reading of 58.7, as many of the supply/demand imbalances in the manufacturing sector began to normalize last month.
Subscribe To Read MorePressure Factor reaches overbought extreme
Our InvesTech Pressure Factor, a technical tool that indicates how overbought or oversold the market is in the short term, reached an extreme overbought reading of + 69 earlier this week.
Read MoreConsumers find a little bit of holiday cheer
Consumer Sentiment from the University of Michigan improved by 3.2 points in the final reading of 2021, primarily because the outlook of low-income households jumped as they begin to realize the benefits of the ongoing labor shortage in the form of wage growth.
Subscribe To Read MoreMore strong inflationary data coming down the chimney
Personal Consumption Expenditures (PCE) rose to 5.7% in November, the highest reading in nearly 40 years.
Subscribe To Read MoreLeading economic indicators continue to advance
The Conference Board’s Leading Economic Index (LEI) continued to move higher in November on broad strength.
Subscribe To Read MoreCanary Index testing critical support level
Our InvesTech Canary (in the coal mine) Index recently plunged below initial support and proceeded to close below its critical support level for the first time yesterday.
Read MoreProducers continue to get squeezed
The Producer Price Index (PPI) for Finished Goods continued to surge in November and has now increased by +13.6% from a year ago.
Subscribe To Read MoreInflation soars to a 40-year high
The Consumer Price Index surged to 6.8% in December, the highest level in nearly 40 years.
Subscribe To Read MoreInvesTech Negative Leadership Composite Triggers Distribution
For the first time since the 2020 COVID-19 Crash, our Negative Leadership Composite (NLC) has started showing bearish Distribution.
Subscribe To Read MoreManufacturers show strength despite persistent challenges
The ISM Manufacturing Index ticked higher to a reading of 61.1 in November, keeping it at a historically strong reading.
Subscribe To Read MoreSurging prices weigh on the minds of consumers heading into the holiday season
Core Personal Consumption Expenditures (PCE), which excludes volatile food and energy prices, climbed even further beyond the Federal Reserve’s 2.0% inflation target in October.
Subscribe To Read MoreBorrowing on Margin Soars as Speculation Re-engages
Margin debt surged to new highs in October in a clear indication that speculation remains alive and well in the stock market.
Subscribe To Read MoreLeading economic indicators keep on rolling – what does it mean for the equity market?
The Conference Board’s Leading Economic Index (LEI) reached a record high for the seventh straight month in this morning’s release, suggesting that economic strength will continue into 2022.
Read MoreHomebuilder optimism regains its footing
After sliding for much of this year, NAHB Builder Confidence continues to rebound and remains above its pre-pandemic highs.
Subscribe To Read MoreConsumer Sentiment falls to the lowest level in a decade
November’s preliminary reading of Consumer Sentiment fell further below its pandemic lows due to intensifying inflation fears.
Subscribe To Read MoreInflation accelerates and broadens at an alarming pace
The Core Consumer Price Index (CPI) -which excludes food and energy prices- soared to another 30-year high in October as pricing pressures continue to mount.
Subscribe To Read MoreInflation insights from the corporate trenches…
As the inflation debate rages on, we explore what CEOs and corporate executives of Fortune 500 companies are seeing on the ground floor.
Read MoreA record high for the services sector, but not as strong as it appears…
The ISM Service Sector surged to the highest level in its 24-year history last month due to the combination of strong consumer demand and supply chain disruptions.
Subscribe To Read MoreA tug of war between manufacturing demand and supply chain challenges
The ISM Manufacturing Index ticked down by 0.3 points in October to remain near one of the highest readings of the past 50 years.
Subscribe To Read MoreInflation puts the Fed further behind the eight-ball
Core Personal Consumption Expenditures (PCE), the preferred inflation measure of the Federal Reserve, climbed to 3.64% last month to remain at the highest level in over 30 years.
Subscribe To Read MoreConsumer Sentiment gets hit hard by inflation psychology
The University of Michigan’s measure of Consumer Sentiment declined in October as inflationary fears pushed consumers’ attitudes back below pandemic levels of a year ago.
Read MoreNew home sales jump in spite of record price increases
New home sales of 800,000 in September was notably higher than economists’ expectations and was the largest month-over-month increase since July of 2020.
Subscribe To Read MoreConsumer Confidence stabilizes yet inflation expectations become even more extreme
Consumer Confidence rose modestly in October after having fallen for the four months prior, bolstered primarily by declining COVID-19 cases.
Subscribe To Read MoreLeading economic indicators rise, but at a much slower pace…
The Conference Board’s Leading Economic Index (LEI) increased to another record high in September, yet last month’s growth of 0.2% missed economists’ expectations and was the second slowest reading since last year’s COVID-induced recession.
Subscribe To Read MoreProducers feel the pinch
The Producer Price Index (PPI) for Finished Goods climbed from 10.2% to 11.7% in September, the highest reading since November of 1980.
Subscribe To Read MoreInflation just won’t quit
The Core Consumer Price Index (CPI), which excludes food and energy prices, moved slightly higher to 4.0% on an annual basis in September to remain near a 30-year high.
Read MoreThe service sector remains robust
The ISM Services Index exceeded economists’ expectations by ticking higher to a reading of 61.9 in September.
Subscribe To Read MoreThe Fed has an inflation conundrum
Core Personal Consumption Expenditures (PCE) –the Federal Reserve’s preferred inflation measure– edged up slightly to 3.62% from 3.60% for the month prior.
Subscribe To Read MoreConfidence continues to tumble in September
Consumer Confidence from the Conference Board continued to worsen in September as fears over inflation and the COVID-19 Delta variant persist.
Read MoreSpeculative Borrowing Re-engages
The latest margin debt reading showed that speculation regained momentum last month as it surged to yet another record high.
Read MoreThe Leading Economic Index continues to advance
The Conference Board’s Leading Economic Index (LEI) exceeded economists’ expectations by jumping +0.9% in August.
Subscribe To Read MoreHomebuilder confidence stabilizes… for now
NAHB Builder Confidence registered a warning flag last month after it fell sharply to a 13-month low, yet it managed to rebound by one point in September.
Subscribe To Read MoreInflation stays high as sticky prices are poised to pick up the slack
The Consumer Price Index ticked down to 5.3% from 5.4% last month and remained at one of the highest readings of the past twenty years.
Read MoreInflation continues to weigh on small business optimism
The NFIB Small Business Optimism Index increased by a meager 0.4 points in August (top graph) as small business owners continue to contend with both rising input costs and labor challenges.
Subscribe To Read MoreIs speculation starting to fade?
The speculative frenzy that was ignited by the trillions of dollars in monetary and fiscal stimulus since the pandemic began may be starting to dissipate, according to our InvesTech Investor Psychology Barometer (IIPB).
Read MoreProducer prices surge to record levels
The Producer Price Index (PPI) surged to an all-time high of 8.3% in its most recent reading, showing that supply/demand imbalances are persisting.
Subscribe To Read MoreManufacturing remains strong, but challenges remain…
The ISM Manufacturing Index moved higher to a reading of 59.9% in August to remain near one of the highest levels of the past two decades.
Subscribe To Read MoreConsumer confidence craters in August
Consumers became significantly more pessimistic in August due to a combination of persistent inflation pressures and fears over the Delta variant.
Subscribe To Read MoreThe Fed’s preferred inflation measure still running hot
Core Personal Consumption Expenditures (PCE), which excludes volatile food and energy prices, rose for the fifth straight month to 3.62% versus the prior month’s unrevised reading of 3.5%.
Subscribe To Read MoreLeading economic indicators show strength
The Leading Economic Index (LEI) from the Conference Board improved once again in July, taking the Index to another record high.
Subscribe To Read MoreLeading housing indicator raises a warning flag
NAHB Builder Confidence (top graph below) sank to a 13-month low in August after suffering its fourth largest drop of the past decade.
Subscribe To Read MoreSmall businesses voice concern about the future
NFIB Small Business Optimism Index unexpectedly declined by -2.8 points to a reading of 99.7 as economic expectations retreated in July.
Subscribe To Read MoreManufacturing remains strong but moderates
The ISM Manufacturing Index declined by -1.1% to 59.5% in July, yet it remains at one of the highest levels of the past 30 years.
Subscribe To Read MoreThe Fed’s preferred inflation measure continues to rise
Core Personal Consumption Expenditures (PCE) –the preferred inflation measure of the Federal Reserve– climbed further beyond the central bank’s 2% inflation target to 3.5% last month.
Subscribe To Read MoreConsumer Confidence Steady Despite Inflation Concerns
Consumer attitudes were virtually unchanged in July...
Read MoreLEI continues to climb
The Leading Economic Index (LEI) from the Conference Board gained 0.7% last month on positive contributions from eight of its ten leading components.
Subscribe To Read MoreMargin debt stays the course
Margin debt climbed in June for the eighth straight month as investors continue to borrow on margin to buy stocks.
Subscribe To Read MoreHomebuilders remain optimistic
Homebuilders became slightly less optimistic this month according to the National Association of Home Builders, yet their confidence remains higher than at any point prior to the COVID-19 pandemic.
Subscribe To Read MoreCOVID-19 recession declared shortest on record
The National Bureau of Economic Research (NBER) has officially announced that the pandemic-induced recession has ended.
Subscribe To Read MoreSmall business optimism improves
Small businesses became more optimistic last month as the economic recovery continued to gain momentum.
Subscribe To Read MoreInflation surges in June
The core Consumer Price Index (CPI), which excludes volatile food and energy prices, continued to surge in June.
Subscribe To Read MoreServices remains on solid ground
The ISM Services Index fell to a reading of 60.1% in June, still firmly in expansion territory and just 3.9% below its record high from the month before.
Subscribe To Read MoreManufacturing remains red hot
The manufacturing sector stayed soundly in expansion territory in June, as the ISM Manufacturing Index registered a strong reading of 60.6.
Subscribe To Read MoreConsumer confidence rebounds, but…
Consumer Confidence from the Conference Board increased for the fifth consecutive month as pandemic woes continued to fade.
Subscribe To Read MoreLeading inflation indicator points higher
Inflation has emerged with a vengeance in recent months, and the FIBER Leading Inflation Index (LII) suggests that that pricing pressures are continuing to mount.
Subscribe To Read MoreConsumer optimism emerges, yet inflation lurks
Consumer optimism has been held down by the pandemic over the past year, but attitudes have started to improve as COVID-19 disruptions begin to fade.
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