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Featured, February 2018 Issue |
March 2018

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GDP

Fourth quarter GDP grew at annualized rate of 2.6%, down from the previous quarter’s rate of 3.2% growth. The change resulted from a downturn in private inventory investment and an upturn in imported goods, which is a subtraction from the calculation of GDP.

U.S. & World Equity Indexes; 12/29/18; YTD Return S&P 500; 2,872; 7.50% Dow Jones Industrials; 26,616; 7.70% NASDAQ Composite; 7,505; 8.70% Shanghai Composite (China); 2,737; -22.60% S&P BSE Sensex (India); 24,870; -4.80% Nikkei Stock Avg (Japan); 17,518; -8.00% CAC 40 (France); 4,417; -4.70% DAX (Germany); 9,798; -8.80% FTSE 100 (U.K.); 6,083; -2.50%
Selected Interest Rates; 1/29/18; 12/27/17 15-Year Mortgage; 3.62%; 3.44% 30-Year Mortgage; 4.15%; 3.99% 5-Year Treasury Bond; 2.47%; 2.20% 10-Year Treasury Bond; 2.66%; 2.40% 30-Year Treasury Bond; 2.91%; 2.74%
Key Economic Statistics; Most Recent; Prior Month National Producer Price Index; -0.10%; 0.40% Consumer Price Index; 0.10%; 0.40% Unemployment Rate; 4.10%; 4.10% ISM Manufacturing Index; 59.70; 58.20 ISM Services Index; 55.90; 57.40 Change in Non-Farm Payroll Emp.; 148,000; 228,000 New York State Consumer Price Index - NY, NJ, CT; 0.10%; -0.10% Unemployment Rate; 4.60%; 4.70% NYS Index of Coincident Indicators; 0.80%; 0.80%

CPI—Annualized Monthly Reports

The largest factor in the uptick in consumer inflation was energy prices, spurred on by higher gasoline prices and cold weather in the northern states.

Equity Market Statistics; Most Recent; Prior Month Dow Jones Industrials; 1/26/18; 12/27/17 Dividend Yield; 2.17%; 2.17% Price/Earnings (12 Mth Trailing); 21.78; 21.54 Price/Earnings (Projected); 19.74; 19.50 S&P 500 Index; 1/26/18; 12/27/17 Dividend Yield; 1.87%; 1.89% Price/Earnings (12 Mth Trailing); 23.53; 23.30 Price/Earnings (Projected); 20.49; 18.85

The information herein was obtained from various sources believed to be accurate; however, Forté Capital does not guarantee its accuracy or completeness. This report was prepared for general information purposes only. Neither the information nor any opinion expressed constitutes an offer to buy or sell any securities, options, or futures contracts. Forté Capital’s Proprietary Market Risk Barometer is a summary of 30 indicators and is copyrighted by Forté Capital LLC. For further information, visit www.fortecaptial.com, send a message to info@forte-capital.com, or call 866-586-8100 and ask for David W. Henion, CPA, or Larry H. Rabinowitz, CPA/PFS.

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