Your Survival Guy: Charting Your Course

Market headlines can pull you off course; you need to keep your eyes on the real data in front of you. Just like on the ocean, you can’t let the instruments do everything; sometimes you need to look at the water for yourself.

• Take a look at slide three, and you’ll see the Atlanta Fed’s Fed GDP Now estimate at 5.13%.
• Another chart to note is the Federal Reserve Bank Assets, which have ticked up to $6.57 trillion after declining for years.
• On the chart of the Coincident Economic Index to Lagging Economic Index, you’ll see the index trending upward, as it normally would when the economy is recovering from a recession.
• Also, despite horror stories about layoffs, the number of average weekly initial jobless claims has remained historically very low.
• And in the latest jobs report, the unemployment rate fell for the first time in six months.

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