Charts of the Week: Housing Market, Tech Layoffs and More
Mike Carr covered a lot of ground in Chart of the Day last week: See what he had to say about housing, tech layoffs and more.
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Author: Michael Carr
Welcome to Mike Carr’s Charts of the Week
Here are Mike Carr’s top charts featured over the last week in Stock Power Daily. Catch up on what Mike’s seeing in the economy and markets.
Even as Inflation Falls, Food Prices Are Stuck in the Clouds
The Personal Consumption Expenditures (PCE) Price Index tracks how much we spend on groceries. And it shows food prices aren’t relenting.
Unemployment Is Always Low Before Recessions
The unemployment rate fell to 3.4%, significantly better than expectations of 3.6%. What does that say about an impending recession?
Earnings Estimates Are Way Too High
Traders track quarterly calls because if the company beats earnings estimates, the stock usually goes up. But today’s chart is a warning…
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