Monday, April 20, 2015

Decision time in economy

The US data has been weak in Q1 2015. Below is the final US Hard Data Index for first three months in 2015. The numbers are weak. Typically this is only seen in recession. It is possible though that the growth rebounds in Q2. Is this likely?

Hard Data Index vs SP500



The US Growth Barometer shown below is giving real time (daily) peak into how economy is developing. Currently, the index is forming a triangle indicating indecision. I will be following closely which way the index turns next. Stay tuned!

US Growth Barometer is forming a wedge

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