Which macroeconomic indicators should we look at to understand where markets are heading? How important are labour market indicators such as nonfarm payrolls, initial jobless claims and the unemployment rate? And what impact do housing and credit market indicators - such as the senior loan officers survey - have on markets? How do these different data points influence federal reserve policy and the wider economy? In this week's Dumb Question of the Week, we ask: Does global equity always rise in the long term? And if so, why? Selected links FRED Markit PMI data Get in touch ? mhr@pensioncraft.com ? many-happy-returns.captivate.fm Join PensionCraft ? Go to pensioncraft.com for all Ramin’s work ? Join PensionCraft's membership here pensioncraft.com/membership ▶️ Subscribe on YouTube Disclaimer This podcast is for informational and entertainment purposes and is not financial advice. We do not provide recommendations or endorse any decision to buy, sell or hold any security. We cannot be held responsible for any actions listeners may take and investors are encouraged to seek independent financial advice. Copyright 2022 Many Happy Returns