New Deal democrats Weekly Indicators for March 18 – 22 at Seeking Alpha – by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha. I look at the high frequency weekly indicators because while they can be very noisy, they provide a good nowcast of the economy, and will telegraph the maintenance or change in the economy well before monthly or quarterly data is available. They are also an excellent way to “mark your beliefs to market.” With interest rates having come down from their highs of five months ago, I anticipated that the shorter leading indicators might follow suit and improve. This week, there was some more evidence that they have. A brief Summary as taken from NDd’s Weekly Indicators at Seeking Alpha: Long
Topics:
NewDealdemocrat considers the following as important: Hot Topics, NDd's Weekly Indicators, US EConomics
This could be interesting, too:
NewDealdemocrat writes Real GDP for Q3 nicely positive, but long leading components mediocre to negative for the second quarter in a row
Joel Eissenberg writes Healthcare and the 2024 presidential election
NewDealdemocrat writes JOLTS report for September shows continued deceleration in almost all metrics, now close to a cause for concern
NewDealdemocrat writes Repeat home sales accelerate slightly monthly, but continue to show YoY deceleration
New Deal democrats Weekly Indicators for March 18 – 22 at Seeking Alpha
– by New Deal democrat
My “Weekly Indicators” post is up at Seeking Alpha.
I look at the high frequency weekly indicators because while they can be very noisy, they provide a good nowcast of the economy, and will telegraph the maintenance or change in the economy well before monthly or quarterly data is available. They are also an excellent way to “mark your beliefs to market.”
With interest rates having come down from their highs of five months ago, I anticipated that the shorter leading indicators might follow suit and improve. This week, there was some more evidence that they have.
A brief Summary as taken from NDd’s Weekly Indicators at Seeking Alpha:
- Long leading indicators show improvement, with bond yields and mortgage rates becoming neutral.
- Short leading indicators are gradually turning more positive, with stock prices soaring and real consumer spending holding up.
- Coincident indicators are mixed, with manufacturing and shipping being the primary negatives.
As usual, clicking over and reading should bring you up to the virtual moment as to the important indicators for the economy, and will reward me with a little pocket change.