High-Freq Data and DOGE Monitor - 2025-06-25
Date:
Thursday, June 26, 2025
Summary:
New claims fall (and beat the consensus). But the really terrific news in the high-frequency data is this week's attainment of new all-time highs in 365 days-ahead forward earnings estimates -- a trifecta: the S&P 500 overall, the Magnificent Seven, and the S&P 493. This is the all-clear signal we've been waiting for.