Weekly Indicators: short term indicators falter edition

Commodity prices bottomed about one year ago. After briefly turning negative, metals have now surged higher since the election. Stock prices S&P 500 Down -0.1% w/w Stock prices became a positive having made new all-time highs in summer, and made more new highs one week ago. Regional Fed New Orders Indexes (*indicates report this week) *Empire State up +8.3 to +11.4 *Philly down -4.7 to +13.9 Richmond up +19 to +7 Kansas City down -8 to +6 Dallas up +2.1 to -1.4 Month over month rolling average: up +2 to +8 (12 month high) In the months since I started…

Source: XE news feed
Weekly Indicators: short term indicators falter edition