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QVMS - Weekly Indicators: Beware The Exponential Growth Of Omicron
Invesco S&P SmallCap 600 QVM Multi-factor ETF
High frequency indicators can give us a nearly up-to-the-moment view of the economy.
The metrics are divided into long leading, short leading, and coincident indicators.
The economic indicators continue positive in all three timeframes - long leading, short leading, and coincident.
But the most important indicator this week is the exponential growth of the new Omicron COVID variant, which could cause a sudden stop in social - and some economic - activity literally overnight at some point in the next two weeks.