The Inflation Indicator

The Inflation Indicator

  The standard economic definition of inflation is a sustained increase in the general price level in an economy. It’s worrisome because inflation can lead to an increase in the cost of living. Why? Because if the prices for goods and services in an economy are...
Sell in May and Go Away

Sell in May and Go Away

  “Sell in May, go away, and don’t come back till St. Leger’s Day.” That old English rhyme refers to a custom that originated in Britain where the bankers would flee the city of London during the hot summer months to relax in the countryside. They would then...
Better Than Expected

Better Than Expected

  The Citigroup U.S. Economic Surprise Index is the focus of our featured indicator this week. The index—compiled by the investment bank Citigroup—tracks how economic data are coming in relative to forecasts based on Bloomberg surveys. Specifically, it evaluates...
Overbought/Oversold

Overbought/Oversold

  This week we focus on a concept regularly used in technical analysis known as “overbought/oversold.”  The idea is fairly straightforward: Look at the recent price movement of a stock or stock index and determine if it is currently at an extreme—either too high...