Key economic indicatorsKey important US indicators released last week are US inflation and US retail sales. Economic indicators are vital for investors since the short-term change in market behavior depends on the movement of these indicators. In February 2018, we saw a huge nervousness among major indexes, not only US indexes but also major indexes around the globe that were affected due to huge selling pressure.Major ETFs such as the SPDR S&P 500 Index (SPY), the SPDR Dow Jones Industrial Average ETF (DIA), and the PowerShares QQQ ETF (QQQ), which track the performance of the S&P 500 Index, the Dow Jones Industrial Average Index, and the NASDAQ Composite Index, fell 3.6%, 4%, and 1.3%, respectively, in February 2018.The better-than-expected wage growth and inflation in January brought a strong correction in the market in February. So it’s important for investors to analyze whether February’s inflation report also showed a stronger-than-expected inflation. If that happens, we might see that investors’ concern for the market movement will increase.Series overviewIn this series, we’ll analyze US inflation for February 2018. We’ll also analyze the performance of US retail sales for that month. These two indicators are major indicators for the economy, the market, and the Fed. In the next part of this series, we’ll analyze US inflation in February 2018.
Key economic indicatorsKey important US indicators released last week are US inflation and US retail sales. Economic indicators are vital for investors since the short-term change in market behavior depends on the movement of these indicators. In February 2018, we saw a huge nervousness among major indexes, not only US indexes but also major indexes around the globe that were affected due to huge selling pressure.Major ETFs such as the SPDR S&P 500 Index (SPY), the SPDR Dow Jones Industrial Average ETF (DIA), and the PowerShares QQQ ETF (QQQ), which track the performance of the S&P 500 Index, the Dow Jones Industrial Average Index, and the NASDAQ Composite Index, fell 3.6%, 4%, and 1.3%, respectively, in February 2018.The better-than-expected wage growth and inflation in January brought a strong correction in the market in February. So it’s important for investors to analyze whether February’s inflation report also showed a stronger-than-expected inflation. If that happens, we might see that investors’ concern for the market movement will increase.Series overviewIn this series, we’ll analyze US inflation for February 2018. We’ll also analyze the performance of US retail sales for that month. These two indicators are major indicators for the economy, the market, and the Fed. In the next part of this series, we’ll analyze US inflation in February 2018.
