Tag Archives: finance

Leading Economic Indicators

Updated: Thursday, July 18, 2024 Using the Composite Indexes: The Leading Economic Index (LEI) provides an early indication of significant turning points in the business cycle and where the economy is heading in the near term. The Coincident Economic Index (CEI) provides an indication of the … Continue reading

Posted in Uncategorized | Tagged , , , , | Leave a comment

Sharp Drop In ISM Services Index

The Services PMI® fell to 48.8% in June 2024 compared to May’s reading, contracting at the fastest pace in four years. This drop reflects declines in business activity, new orders, and employment, alongside challenges in supplier deliveries and inventory management. … Continue reading

Posted in Uncategorized | Tagged , , , , | Leave a comment

Global PMI: Input costs rise to a 16-month high

Take heed, folks; input costs, as measured in the latest release of the Global Manufacturing PMI, are rising at the fastest clip in 16 months. Manufacturing input costs were a leading indicator of the last wave of inflation.   Measured overall, … Continue reading

Posted in Uncategorized | Tagged , , , , | 1 Comment

King Dollar Drives Yen to 38-year Low

The Japanese yen’s dramatic decline underscores the powerful influence of the Federal Reserve on global markets. Japanese authorities find their intervention efforts ineffective as the yen touched a 38-year low against the dollar. The persistent strength of the US dollar, … Continue reading

Posted in Uncategorized | Tagged , , , , | Leave a comment

How America Spends vs. How American Spent

Over the past fifty years, American household spending has significantly changed due to technological advancements, globalization, and evolving socio-economic factors. Housing costs have dramatically increased, consuming 27% of household budgets today compared to 19% in 1984, fueled by the chronic … Continue reading

Posted in Uncategorized | Tagged , , , , | 1 Comment

Global Risk Monitor: Week In Review – June 21

The global markets experienced mixed results for the week. Equity markets mostly rose, led by a rebound in European shares and Brazil, while bond yields exhibited slight increases. Currencies saw the dollar index strengthening slightly, with mixed movements among major … Continue reading

Posted in Uncategorized | Tagged , , , , | Leave a comment

Follow The Capital Flows

According to IMF data reported by Bloomberg News, despite global calls to diversify away from the dollar, the U.S. has attracted a significant share of international investment post-Covid. The U.S. share of global investment flows rose from 18% pre-pandemic to … Continue reading

Posted in Uncategorized | Tagged , , , , | Leave a comment

Global Risk Monitor: Week In Review – May 24

According to the Chicago Fed’s National Financial Conditions Index (NFCI), national financial conditions have eased significantly. Financial conditions are looser than when the Fed began its tightening cycle in March 2022, with the NFCI at levels last seen in November … Continue reading

Posted in Uncategorized | Tagged , , , , | 1 Comment

The Dow(maggio) Jones Hitting Streak

Wednesday will mark the 83rd anniversary of the start of Joe DiMaggio’s 56-game hitting streak—a record that remains unchallenged in baseball. Similarly, the stock market has exhibited its own streakiness recently, with the Dow Jones Industrial Average closing in the … Continue reading

Posted in Uncategorized | Tagged , , , , | Leave a comment

S&P500 – Will the 20-week MA hold after six straight down days?

The S&P 500 closed precisely at its 20-week moving average following six consecutive days of declines. It is noteworthy that the index briefly dipped below its 20-week moving average during after-hours trading early on Friday, but rebounded as the Israeli-Iranian … Continue reading

Posted in Uncategorized | Tagged , , , , | 1 Comment