2022-06: Consumer, payroll, tech being watched

As of 2022-06-24, for 2 day ahead prediction, the most important predictors for 5-, 10-, 20-, 30-Year US Real Interest Rates are

• Monster Beverage Corp. MNST (consumer)

• Caterpillar CAT (industrial)

• Netflix NFLX (consumer, media)

• Altria Group MO (consumer)

• Ansys Inc. ANSS (industrial, semiconductor simulation)

Real Interest is the nominal interest rate minus market-expected inflation. On FRED, one could find data for US Real Interest Rates under the title of “nn-Year Treasury Inflation-Indexed Security”.

On the side of equity, the most important predictive factors driving QQQ, SPY, DIA for 2 day ahead prediction are

• Paychex PAYX (payroll processing)

• Ansys Inc. ANSS (industrial, semiconductor simulation)

• AECOM ACM (industrial, environmental projects)

• US Treasury 20-Year Interest Rate DGS20 (interest rate)