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Forte Capitals Selected Statistics.

ISM Manufacturing Index

The manufacturing sector is slowing, especially the export sectors. According to the ISM survey of purchasing managers, there is concern over the effect of trade talks and tariffs, especially those with China and Mexico. The coming "Brexit" deadline (October 31, 2019) also adds to the global angst over trade and demand.

Non-Farm Payroll

The labor market remains healthy, as job creation continues and shortages in many specialties persist. According to the BLS, there are 7.3 million unfilled jobs as of the latest survey. This tight market has lead to a 4% annualized increase in the average U.S. wage paid.

U.S. & World Equity Indexes   8/2/19    YTD Return

S&P 500                       2,953       17.82%
Dow Jones Industrials        26,583       13.96%
Nasdaq Composite              8,111       22.24%
Shanghai Composite (China)     2,867      14.99%
S&P BSE Sensex (India)       37,118        2.91%
Nikkei Stock Avg (Japan)     21,087        5.36%
CAC AO (France)               5,424       15.57%
DAX (Germany)                11,962       13.39%
FTSE 100 (U.K.)               7,450       10.87%

Selected Interest Rates   8/2/19   6/28/19

15-Year Mortgage          3.20%    3.16%
30-Year Mortgage          3.75%    3.73%
5-Year Treasury Bond      1.68%    1.76%
10-Year Treasury Bond     1.90%    2.01%
30-Year Treasury Bond     2.44%    2.52%

                                         Most      Prior
Key Economic Statistics                 Recent     Month

National
Producer Price Index                     0.10%     0.10%
Consumer Price Index                     0.10%     0.10%
Unemployment Rate                        3.70%     3.60%
ISM Manufacturing Index                 51.20     51.70
ISM Services Index                      55.10     56.90
Change in Non-Farm Payroll Emp.        164,000   224,000

New York State
Consumer Price Index--NY, NJ, CT         0.30%     0.20%
Unemployment Rate                        4.00%     4.00%
Empire State Manufacturing Survey        4.30%    -8.60%

Forte Capital's Proprietary     Bullish    Neutral      Bearish
Market Risk Barometer           10 9 8 7    6 5 4        3 2 1

Market Valuation                                4
Monetary Environment                 8
Investor Psychology                             4
Internal Market Technicals                    5
                                                      As of 8/2/19
Overall Short-Term Outlook      4.4
Overall Long-Term Outlook       6.35

Equity Market Statistics            Most Recent   Prior Month

Dow Jones Industrials                   8/2/19       6/28/19
Dividend Yield                           2.40%         2.55%
Price/Earnings (12 Mth Trailing)        17.62         16.56
Price/Earnings (Projected]              16.67         15.52

S&P 500 Index                           8/2/19       6/28/19
Dividend Yield                           1.98%         2.10%
Price/Earnings (12 Mth Trailing)        21.09         18.94
Price/Earnings (Projected)              16.95         16.20
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Title Annotation:ECONOMIC & MARKET DATA: Monthly Update
Publication:The CPA Journal
Date:Aug 1, 2019
Words:415
Previous Article:Send in the Clouds.
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