Weekly Composite Economic Indicators - InterMarket Research ...

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Figure 5.
YRI FUNDAMENTAL STOCK MARKET INDICATOR vs. ECRI WEEKLY LEADING INDICATOR
YRI Fundamental Stock
Market Indicator*
ECRI Weekly Leading Index
(1992=100. 4-wa)
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
* Average of Consumer Comfort Index and Boom-Bust Barometer, which is CRB raw industrials spot price index divided by initial unemployment claims,
four-week moving average.
Source: Bloomberg, Commodity Research Bureau, Department of Labor, and Economic Cycle Research Institute (ECRI).
Figure 6.
- ECRI Weekly Leading Indicators vs. FSMI -
HIGH YIELD CORPORATE LESS 10-YEAR TREASURY YIELD SPREAD
(basis points, inverted scale)
Spread
Fundamental Stock
Market Indicator*
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1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
* Average of Consumer Comfort Index and Boom-Bust Barometer, which is CRB raw industrials spot price index divided by initial unemployment claims,
four-week moving average.
Source: Bloomberg, Merrill Lynch, Board of Governors of the Federal Reserve System, and Commodity Research Bureau, Department of Labor.
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