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MaryJo Kringas's avatar

On target summary here. I am glad to hear you mention the NFCI which is published by the Fed every Wednesday. I like this indicator most for showing a change in market direction. It is easier for me to use the NFCI than credit spreads, which I think lag the market and are less obvious to interpret to me.

Michael J. Kramer's avatar

the nfci and credit spreads tend to track each other closely, so it good to watch both