June Richmond Fed Manufacturing Index improved to -7, slightly better than expected. New orders and shipments saw smaller declines, but employment continues to drop. Insightful trends in manufacturing to consider #Macroeconomics
Existing home sales are up 0.8%. Inventory increased by 6.2% to 1.54 million, marking the slowest May since 2009. June’s Manufacturing PMI hits 52. #HomeSales#USPMI Philly Fed shows differing trends in workweek vs. employment. #PhillyFed
@HeroDividend Honestly, that's a tough challenge. The S&P 500 is a big list. It’s all about knowing your companies... but kinda feel like it tests commitment.
The May Leading Economic Index fell by 0.1%, marking the sixth consecutive monthly drop. June's #PhillyFedIndex stayed at -4 with declining new orders and employment drops. Both highlight ongoing economic softness. #EconIndex