Leading Economic Index moved higher in September
The U.S. Leading Economic Index (LEI) rose 0.5% for September, up from 0.4% in August and matching estimates of 0.5%.
Read MoreThe U.S. Leading Economic Index (LEI) rose 0.5% for September, up from 0.4% in August and matching estimates of 0.5%.
Read MoreHousing Starts for the month of September fell -5.3% from August to 1201k, slightly better than expectations which were calling for a decline of -5.6% m/m.
Read MoreHighlights Credit flows indicate a lessening chance of a financial disaster in the present-term, near-term, intermediate-term, and multi-year time frames The near-term picture for stocks comes down to a…
Read MoreThis morning we had three economic data releases that were all ahead of estimates:
Read MoreCorrections don’t feel “natural, normal and healthy” when you are in them. Last Thursday, we noted that out four key tactical indicators were approaching an oversold level that would begin…
Read MoreThe advance retail sales data was mostly below estimates in September. The headline retail sales report which covers sales at roughly 5,500 U.S. stores, websites and restaurants, rose 0.1% in…
Read MoreA replay of today’s conference call is now available for Gold level subscribers.
Read MoreThe University of Michigan Consumer Sentiment Survey was released this morning and the preliminary reading showed sentiment declined slightly in October to 99.0, below expectations of 100.5. This is down…
Read MoreFundamental update – A lot of factors that are identifiable prior to a credit-led recession are just not present. The recent rise in the US Treasury 10-year bond yield above 3.23%…
Read MoreThe Bureau of Labor Statistics reported that consumer prices rose less than expected for the second month. The Consumer Price Index (CPI) rose 0.1%, month-over-month, one-tenth of a percent below…
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