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To: Les H who wrote (27992)7/15/2023 11:35:42 AM
From: robert b furman  Respond to of 29600
 
HI Les,

Looking at your industry sectors, those in the 90's and 80's on the 200 day :

Automotive @ 82
Building and Construction @ 90
Machinery @ 85

Computer Services @ 83
Semiconductor @ 82
Software @ 80

First three are capital goods types and last three are productivity gains.

Wonder when the many and varied lag effects of rising interest rates will impact the capital goods sectors or is government spending via (fiscal stimulus propping them up)?

Auto I expect to slow, and perhaps government EV subsidy is partially delaying that as well?

As always "Thanks" for your incredible generous and disciplined sharing of your work!

Bob