- 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.
For further details see:
Weekly Indicators: Beware The Exponential Growth Of Omicron