55% of the time September is a down
month since 1928 |
00:01 -
05/09/23 |
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The forward 12-month P/E ratio for
SPX
of 18.8 is above the 5-year average (18.7) and above the
10-year average (17.5). |
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Delinquencies are on the rise again, particularly within
consumer loans |
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Inflation is a voracious beast, eating up so much purchasing
power over the last 20+ years |
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The Leading Economic Index declined in July for the 16th
month in a row, the longest down streak since 2007-08. The
Conference Board is now forecasting a "short and shallow
recession in the Q4 2023 to Q1 2024 timespan." |
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