Seeking Alpha

Francois Soto's  Instablog

Francois Soto
Send Message
Francois Soto is the President of EMphase Finance.
My company:
EMphase Finance
  • Output Indicators - May 2010 0 comments
    May 10, 2010 1:48 AM | about stocks: SPY
    ·         Real GDP Y/Y expanded at  3.2% Q/Q Ann. in Q1 2010 after surging at 5.6% Q/Q Ann. in Q4 2009. This is off our expectations but we believe Q2 2010 might still be promising. Why? Considering CB LEI Y/Y has an historical 3 months lead on Real GDP Y/Y, we may assume Real GDP Y/Y might deliver decent results for one more quarter before reversing like CB LEI Y/Y (2).
    ·         At this point, it is safe to assume S&P 500 TR Y/Y, ECRI LEI Y/Y and Consumer D. Y/Y were all ahead of themselves calling 5.0% Real GDP Y/Y figures (1) (4) (5). The only indicator with fair expectations is ISM All (man. + non-man.) calling for a 2.5% Real GDP Y/Y growth this year (3).

    PS: This article is part of our research U.S. Economics Monthly. To view the whole research, visit our website.


    Disclosure: none
    Themes: economy Stocks: SPY
Back To Francois Soto's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers
Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.