Sunday, August 15, 2021

Charting Last Week (8/9/21 - 8/13/21)

The North Star GDP Estimate for the second quarter is 8.78% year over year growth (-2.36% QoQ). The North Star GDP Forecast for the third quarter is at 7.58% year over year growth (7.85% QoQ). The GDP Forecast page on the tab above is updated periodically during the week.
The S&P 500 inched higher into record territory for the second week in a row. Bond prices were up for the week. The red (or green) area indicates 2-3 standard deviations above (or below) the normal 21 day trading range. The gray area indicates 1-2 standard deviations above (or below) the normal 21 day trading range.
The Leading Indicator for International Developed Markets (EFA) decreased by 0.02% percentage points to 4.63%. The Leading Indicator for International Emerging Markets (EEM) is at 5.15%. On the chart below, you can click on the blue and red buttons to see the Leading Indicator growth rate and an ETF for each country.
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These charts have limitations. Economic data is often revised after the fact. The market is forward looking and anticipates future events. The unexpected can and will happen. The market is continually changing. The conditions of the past are different from the present. Past performance is not an indication of future performance.