Saturday, June 6, 2020
Weekly Indicators for June 1 - 5 at Seeking Alpha
- by New Deal democrat
My Weekly indicators post is up at Seeking Alpha.
The interest rate-sensitive long leading indicators largely turned positive as soon as the coronavirus crisis hit. As lockdowns have eased, several of the short leading indicators have also now turned - or at least are a lot less awful.
If the easing up and/or the huge protests result in a surge of new coronavirus cases, that could certainly reverse itself. But for now, “less awful” is the trend.
As usual, clicking over and reading rewards me with a penny or two for the effort I put into the endeavor.