Weekly Composite Economic Indicators - InterMarket Research ...

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- ECRI Weekly Leading Indicators vs. S&P 500 Index -
Figure 3.
S&P 500 INDEX vs. ECRI WEEKLY LEADING INDEX
S&P 500 Index
ECRI Weekly
Leading Index
(1992=100. 4-wa)
73 75 77 79 81 83 85 87 89 91 93 95 97 99 01 03 05 07 09 11 13 15
Note: Shaded areas denote recessions according to the National Bureau of Economic Research.
Source: Standard & Poor’s Corporation and Economic Cycle Research Institute (ECRI).
Figure 4.
HIGH YIELD CORPORATE LESS 10-YEAR TREASURY YIELD SPREAD
(basis points, inverted scale)
Spread
ECRI Weekly Leading Index
(1992=100. 4-wa)
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1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
Note: Shaded areas denote recessions according to the National Bureau of Economic Research.
Source: Merrill Lynch, Board of Governors of the Federal Reserve System, and Economic Cycle Research Institute (ECRI).
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