by NelsonCorp Wealth Management | Feb 17, 2023 | Chart of the Week
The U.S. Census Bureau unveiled a new data product called the Index of Economic Activity (IDEA) this month. The IDEA is a monthly composite of 15 economic data series produced by the Census Bureau. It measures economic activity in various sectors ranging from...
by NelsonCorp Wealth Management | Feb 10, 2023 | Chart of the Week
This week’s featured chart shows that a key indicator of the economy’s strength took a sharp U-turn last month. The ISM Composite indicator rose to 51.3% in January, up from the previous month’s reading of 48.8%. According to the indicator above, this is good...
by NelsonCorp Wealth Management | Feb 3, 2023 | Chart of the Week
The stock market is acting like it’s in the early stages of a bull market. That’s the message from the Early Cycle Composite, shown on the chart above. This chart looks at the stocks and sectors that tend to lead in the early stages of a bull market—call these...
by NelsonCorp Wealth Management | Jan 27, 2023 | Chart of the Week
This week, I want to spotlight a research tool that does a great job of telling us where the stock market is likely headed next. It’s called the Leading Indicator Model. As the name implies, the model consists of 10 indicators with a history of leading the...
by NelsonCorp Wealth Management | Jan 20, 2023 | Chart of the Week
Bond yields are finally looking more appealing. Our featured chart above shows that the yield on the Bloomberg U.S. Aggregate Bond Index—widely considered one of the best total bond market indices—has climbed to roughly 4.2%, its highest level in over a decade....
by NelsonCorp Wealth Management | Jan 13, 2023 | Chart of the Week
We’ve gotten some good news on the inflation front lately. The latest consumer price index release confirmed that inflation cooled for a sixth straight month. Additionally, last Friday’s employment report revealed a surprising decline in the year-over-year...