Here is a breakdown of where each market driver currently sits: U.S. Real GDP growth was 5.2% in the third quarter, a revision from the previously-reported 4.9%. The 5.2% growth was the strongest growth since Q4 2021, in which U.S. Real GDP growth came in at 7.0%. Part of the revision was due to both […]
Current Market Drivers 11/30/2023 Read More »
We focus on three market drivers that lead to notable movements in the stock market: economic, fundamentals, technical environment, and investor sentiment. Our Fundamental indicator follows 19 economic data points that track the underlying health of the US economy. From unemployment to homebuilding, changes in these economic data points tend to confirm recession or recovery
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Here is a breakdown of where each market driver currently sits: The U.S. Consumer Price Index (CPI) came in at 3.24% year-over-year in October, slightly higher than September’s level of 3.70%. The Core CPI, which excludes food and energy costs, came in at 4.03% year-over-year in October, lower than September’s level of 4.15%. The S&P
Current Market Indicators 11/15/23 Read More »
As of last Friday, you may have heard that the S&P 500 index has entered a correction. In the same way a car’s engine can overheat, the stock market can overheat after periods of sustained and, more often than not, rapid growth. At the peak of these growth periods, stocks prices may have even increased
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Here is a breakdown of where each market driver currently sits: U.S. Real GDP growth came in at 4.9% in the third quarter. There have been 32 instances since 1980 in which GDP has grown by at least 4.9%, and the following quarter has averaged GDP growth of 3.3%. In fact, 29 of the 32
Current Market Drivers 10/31/23 Read More »
Here is a breakdown of where each market driver currently sits: The U.S. Consumer Price Index (CPI) came in at 3.70% year-over-year in September, slightly higher than August’s level of 3.67%. The Core CPI, which excludes food and energy costs, came in at 4.15% year-over-year in September, lower than August’s level of 4.35%. As we
Current Market Drivers 10/13/23 Read More »
Here is a breakdown of where each market driver currently sits: The Federal Reserve announced last week that, while they would keep interest rates at their current level, they expect more rate hikes on the horizon. Also, the Fed suggested that rates may remain higher for longer than they initially anticipated. The Fed “dot plot”
Current Market Indicators 9/29/23 Read More »
Here is a breakdown of where each market driver currently sits. Learn more about how these Three Market Drivers help us determine these results. The U.S. Consumer Price Index, or CPI, came in at 3.67% year-over-year growth, an increase fromlast month’s 3.18%. The main contributor to this increase was a 5.6% spike in energy prices
Market Indicators 9/15/23 Read More »
