Saturday, October 26, 2024

Weekly Indicators for October 21 - 25 at Seeking Alpha

 

 - by New Deal democrat


My “Weekly Indicators” post is up at Seeking Alpha.

Ever since - and in response to - the really good jobs report early this month, interest rate yields on bonds have crept back up, giving back most of their summer gains. That puts some pressure on the long leading indicators. Also importantly, so far - with close to 40% of companies reporting - Q3 corporate profits have not shown any gains compared with Q2 profits. 


As usual, clicking over and reading will bring you up to the virtual moment on all of the important leading and coincident economic data, and will reward me with a penny or two for collecting and organizing it all for you.