The Daily Leading Index rose by .14% to 6.00% and has broken out of a narrow range it had been in for the previous ten weeks. The Daily Coincident Index fell to 3.32%. The
Daily Leading Index page on the tab above is updated daily during the week.
Equities were mostly down for the week while bonds were up. AGG, Barclays Aggregate Bond Index, is approaching the overbought territory. 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.
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Furthermore, 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.