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Tag Archives: leading indicators
Housing Starts Only Bright Spot This Week
Housing starts were the only bright spot in another dismal week of economic data in the U.S. The following post provides an overview of the major economic releases from this week as well as an update on market conditions, including … Continue reading
Market Diverges From Economic Data
Economic releases were mixed last week. Building permits came in stronger than expected, but are still at anemic levels. Leading indicators were up 0.3% last month, which was also stronger than expected. Unfortunately, the ECRI weekly leading indicator (WLI) declined … Continue reading
Global Manufacturing PMI Deteriorates Further
The trading rules series will continue shortly, but I wanted to comment briefly on a recent economic report. JP Morgan’s Global Manufacturing PMI contracted at a faster rate in August, decreasing from 48.4 to 48.1. The August PMI value was … Continue reading →