There are several important economic indicators that investors should watch this week:
- US (IWM) CPI
- US (QQQ) retail sales
- US (SPY) industrial production
- Eurozone (VGK) (EZU) industrial production
- US prelim consumer sentiment
- German ZEW economic sentiment index
Performance of ACWI
The performance of the iShares MSCI All Country World Index ETF (ACWI) depends on the performance of the above global indicators. It’s important for investors to track the performance of these indicators to identify the global market movement.
In the previous parts, we analyzed the performance of major economic indicators of the emerging nations (EEM) (VWO). It’s important for investors to know how both the emerging and developed economies (EFA) are trending. This week, we’ll have a look at the US CPI (consumer price index), US retail sales, and Eurozone industrial production.
The inflation index is an important indicator for the US economy. The central bank’s rate hike decision depends on the performance of the US inflation index. US retail sales is another important indicator that shows how consumers are behaving. Many policy decisions depend on the performance of these economic indicators. Thus, it’s important for investors to track the performance of these indicators.
You may also be interested to read, Warren Buffett’s Latest Views on the Economy and Stock Picks.