SMU Data and Models
February 3, 2017
Key Market Indicators - January 31 2017
Written by Peter Wright
An explanation of the Key Indicators concept is given at the end of this piece for those readers who are unfamiliar with it. This will explain the difference between our view of the present situation which is subjective and our analysis of trends which is based on the latest facts available. Looking back from the end of January we see that our view of the present situation deteriorated throughout 2015, improved throughout 2016 continuing into January 2017. Trends improved from January last year through May, then reversed course and deteriorated for four straight months through September before picking back up in the fourth quarter and being unchanged in January. It is quite common for these two attributes to move in opposite directions as trends tend to lead the present situation by about four months.
The total number of indicators considered in this analysis is currently 36.
