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Misleading Economic Indicator?
Today's Composite Economic Indicators, compiled by the Conference Board, are pointing in different directions. The Index of Leading Economic Indicators…
Leading Indicators
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No Hard Feelings
The stock market fell today on Home Depot's disappointing guidance. Consumers fixed up their homes during the pandemic when social…
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The Economic Week Ahead: April 17-21
This is a light week for economic indicators, but there will be plenty of earnings calls to keep investors busy.…
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What Are We Rooting For?
On Tuesday, the stock market sold off on fears of a hard landing. On Wednesday, the market rallied on better-than-expected…
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Loose Lips Sink Bonds & Stocks
The members of the FOMC ("Federal Open Mouth Committee") continue to sink prices in the fixed-income markets. The 2-year Treasury…
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Inflation Expectations Looking Peakish
July's survey of consumer expectations (SCE), conducted by the Federal Reserve Bank of NY, had some good news for Fed…
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No Recession In Truck Tonnage & Employment
The trucking industry didn't get the recession memo yet. The ATA's For-Hire Truck Tonnage Index increased 2.7% in June…
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Leading Indicators Up, GDP Revision Down
We have a mix of good and bad news this morning for you. We will start with the good news:…
