DXD - Weekly Indicators: Omicron Hits Restaurant Reservations

• 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.
• While all three timeframes remain positive, commodities and the US$ are in flux.
• Additionally, this week restaurant reservations turned negative for the first time in many weeks, most likely due to Omicron.
• Generally speaking, the financial and producer sectors remain very positive looking forward, while inflation must be recognized as a real concern going forward for the consumer sector.

For further details see: