Weekly Indicators: More Slow Deterioration Of Financial Indicators

May 21, 2022 8:00 AM ETDIA, SPY, IWM, QQQ9 Comments
New Deal Democrat profile picture
New Deal Democrat
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Summary

  • High frequency indicators can give us a nearly up-to-the-moment view of the economy.
  • The metrics are divided into long leading, short leading, and coincident indicators.
  • For the fourth week in a row, the long leading forecast is negative; as the 10 vs 2 year spread deteriorated.
  • But the short leading indicators of production, consumption, and employment remain positive.

Man Leans Ladder Against Tall Stack Of Coins Topped With Interest Rate Symbol

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Purpose

I look at the high frequency weekly indicators because, while they can be very noisy, they provide a good nowcast of the economy, and will telegraph the maintenance or change in the economy well before monthly or

This article was written by

New Deal Democrat profile picture
3.67K Followers
New Deal democrat As a professional who started an individual investor for almost 30 yeas ago, I quickly focused on economic cycles and the order in which they typically proceed. I have been writing about the economy for nearly 15 of those years, developing several alternate systems that include mid-cycle, long leading, short leading, coincident, lagging and long lagging indicators. I also focus particularly on their effects on average working and middle class Americans.

Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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