All About the Indicators #7

As we close out the first quarter of 2024, we still see both good and bad in markets and the economy.

We’re back with the March edition of All About the Indicators, our monthly review of economic signals.

As we close out the first quarter of 2024, we still see both good and bad in markets and the economy. Since our last AATI, the S&P 500 has closed above 5200 and is up nearly 5%. Investors apparently don't care much about slowing retail spending, an uptick in unemployment, or another inflation report indicating higher for longer. Industrial production and manufacturing are better than they were last month but still %YoY negative. PMI surveys say the services sector is decelerating but disagree about manufacturing.

AATI #7, which runs 61 minutes, is available below to Premium and comped subscribers. Premium subscribers can view the video below and download the accompanying PDF deck. Comped subscribers will receive a separate e-mail with both items shortly.

Other paid subscribers, you will receive a link to the video only next week.