Weekly Indicators: the "Trump election effect" fades edition

Commodity prices bottomed over 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 are positive, having made a string of new all-time highs beginning last summer. Regional Fed New Orders Indexes (*indicates report this week)(no reports this week) Empire State up +8.3 to +11.4 Philly down -4.7 to +13.9 Richmond up +5 to +12 Kansas City up +1 to +7 Dallas up +8.7 to +7.3 Month over month rolling average: up +3 to +11 (18 month high) The regional average has generally been lower than…

Source: XE news feed
Weekly Indicators: the “Trump election effect” fades edition