Will Rising Bond Yields Be Bad For Stocks?
If all this good economic news was not enough, the leading indicators for the U.S., a forward looking composite of 10 economic indexes, were released on Thursday, and they strengthened by 1% in January to 108.1, following a 0.6% increase in December, and a 0.4% increase in November. The LEI is higher than it has been since 1999."The U.S. LEI accelerated further in January and continues to point to robust economic growth in the first half of 2018," according The Conference Board, an association for the nation's largest corporations not prone to hyperbole. "The leading indicators reflect an economy with widespread strengths coming from financial conditions, manufacturing, residential construction, and labor markets." This chart shows how the LEI has definitively rolled over well in advance of the last two recessions. Nothing like that is happening now. The Standard & Poor's 500 closed Friday at 2747.30, which was a 1.6% surge for the day and 0.6% higher than a week earlier.
- Fed Shatters Conventional Economic Wisdom
- Four New Signs Point To Economic Strength (2-Minute Read)
- Are You Better Off Than 10 Years Ago?
- CNN, CNBC, And WSJ Mislead Investors
- 10 Years Of Financial History And The Current Outlook In 2-Minutes
- Lost In The Wild Headlines: A U.S. Economic Boom
- Facts About The Recent Volatility And Fears Of A Trade War
- A Guide To The New Rules On Tax Deductions In 2018
- Trade War, Resignations, And Scandal Overshadow Rise In Leading Indicators
- Changes To Estate Tax Explained In This Week's Wealth Update
- Stocks Surge 1.7% Friday As Tariff Fears Subside And New Jobs Surge
- The Economic News That Did Not Make Headlines This Week
- Will Rising Bond Yields Be Bad For Stocks?
- Stock Market Is Unfazed By Russia Indictment, Displaying What Makes America Great
- Stock Prices Corrected 11.8% Before Rallying Sharply Friday
- Why Stocks Plunged Last Week
- Accelerating Earnings, Surging World Growth, And Stocks Break A Record Again
- Keeping 'Em Honest: Wall Street's Track Record Is Not Good
- Perhaps The Best Economic Conditions In Modern U.S. History
- A Vivid Illustration Of How Portfolio Theory Worked In 2017