bagnap

Markets Are Perched on a Precipice

Those (apart from consumer spending) are all lagging or coincident indicators.

While I'm at a loss to show some good leading indicators, I wouldn't be trading the future based on those indicators.

Things are bad - we know that. So does the man on the street. We expect unemployment to go up. We expect earnings to suck. We expect house prices to go down.

What is left that is unexpected?





On Jan 12 09:05 AM CautiousInvestor wrote:

> There have been many warnings including weak consumer spending, rising
> layoffs, lousy guidance, falling home prices and others.