New Deal democrats Weekly Indicators January 15 – 19 2024

Summary:
Weekly Indicators for January 15 – 19 at Seeking Alpha  – by New Deal democrat My Weekly Indicators post is up at Seeking Alpha. The big headlines yesterday were that stocks made a new all time high, for the first time in two years. Meanwhile, estimated plus actual earnings so far for the 4th Quarter of 2023 were on track for their lowest number since Q1 of 2021. Either corporate earnings are going to rebound sharply or stocks have gotten far ahead of themselves. Either way this discrepancy is going to resolve. If corporate earnings are not just in a one Quarter air pocket, we can expect increased layoffs and cutbacks in capital spending. We’ll see. As usual, clicking over and reading will bring you up to the virtual moment as to

Topics:
NewDealdemocrat considers the following as important: 2024, Hot Topics, US EConomics, Weekly Indicators January 15 - 19

This could be interesting, too:

NewDealdemocrat writes March JOLTS report: declines in everything, fortunately including layoffs

NewDealdemocrat writes Manufacturing treads water in April, while real construction spending turned down in March (UPDATE: and heavy truck sales weren’t so great either)

NewDealdemocrat writes Repeat home sale prices accelerated in February (but don’t fret yet)

Angry Bear writes Sorta a book review “Wall Street’s War on Workers”