These are some charts from my macro watch list. The credit spreads have blow through the sell level (horizontal). Above that line, stocks tend to tumble (until the peak is hit). If credit spreads don't drop, the bottom for stocks in not in. The one chart sending a clean bull signal is housing starts, but that data can be revised. The latest data also came out before coronavirus fears hit the U.S.
BEA: Real GDP increased at 1.6% Annualized Rate in Q1
-
From the BEA: Gross Domestic Product, First Quarter 2024 (Advance Estimate)
Real gross domestic product (GDP) increased at an *annual rate of 1.6
percent ...
No comments:
Post a Comment