Weekly Economic and Market Update – October 16, 2023

In this video, you will get updates and commentary on NY Manufacturing, Building Permits, Housing Starts, Philly Manufacturing, PPI, CPI, Michigan Consumer Confidence, Mortgage Rates, Initial Jobless Claims. Market Data: DJIA, SPY, WTI Crude, 10-Year Treasury Yield, DXY.

00:00 Opening Comments – War Drums and a Flight to Safety
01:15 Market Data: DJIA, SPY, WTI Crude, 10-Year Treasury Yield, DXY, Market Breadth
08:52 This Week: PPI, CPI, Michigan Sentiment, Mortgage Rates, Initial Jobless Claims
11:30 Next Week: NY Manufacturing, Building Permits, Housing Starts, Philly Manufacturing, Mortgage Rates, Initial Jobless Claims
13:05 Final Comments – Winds of Change – Technical Analysis vs. Fundamental Analysis

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#economicupdate #marketupdate #federalreserve

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