New Deal democrats Weekly Indicators for February 5-9 2024
Weekly Indicators for February 5- 9 at Seeking Alpha
– by New Deal democrat
My Weekly Indicators post is up at Seeking Alpha.
Most notable is that two of the long leading indicators – interest rates and corporate profits – have turned from very negative to at very least neutral, increasingly suggesting better economic news ahead.
As usual, clicking over and reading will bring you up to the virtual moment as to the economy, and reward me a little bit for my efforts.
New Deal democrats Weekly Indicators January 29 – February 2, Angry Bear, by New Deal democrat
US Inflation More Stubborn Than Expected
NY Times – just in
Consumer prices rose 3.1 percent in the year through January, less of a cool-down than many predicted. Stocks slipped after the data was released. …
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Wall Street is unhappy …
S&P 500 4,951.71 -70.13 (-1.40%)
Dow 30 38,320.86 -476.52 (-1.23%)
Nasdaq 15,651.68 -290.87 (-1.82%)
Russell 2000 1,984.29 -60.97 (-2.98%)